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ticle rank 24 Oct 2013The Vancouver SunShume@ islandnet. com
Canada’s skills, labour shortages more rhetoric than fact
Education: Job market reality shows university liberal arts graduates are doing just fine
Once again a popular business mantra arises: Universities are out of step with the job market. They
churn out unemployable graduates with useless humanities degrees when engineers and computer
scientists are in demand. They should trim liberal arts programs producing artsy people that industry
doesn’t need and graduate more with the training business wants.
MARK WILSON/ GETTY IMAGES FILES
Recently employed liberal arts graduates say their schooling provided excellent preparation for what the
job market requires.
This rhetoric represents less job market reality than ideological talking points from people who really
should do some research before regurgitating received wisdom.
Mind you, research seems a low priority for Canada’s corporate aristocracy.
Federal studies show skills mismatches affect only a minority of businesses. And a recent TD Bank report
confirms this. It corroborates a BMO study that found 30 per cent fewer businesses report skills
shortfalls than have over a 15- year average. Furthermore, Canada’s universities punch above their
weight in producing the innovative graduates needed to be competitive in the global economy.
Canadian universities rank seventh among all OECD countries for research and development investment.
By comparison, Canada’s business sector ranks 20th. Our entire private- enterprise sector invests in R&
D at about half the rate of Finland, population smaller than Toronto.
According to the World Bank, Canada’s share of annual GDP directed to R& D is about half what Sweden
or Korea invests. This strategic ineptitude is reflected in another key area — patent applications. Canada
ranks with Poland in this key indicator for innovation. We recorded just over 4,000 patent applications in
2011. Japan registered 287,580. The economically beleaguered U. S. registered 241,977.
In percentage of exports comprising high- tech, Canadian business ranks with Estonia at 13 per cent.
Iceland, on the other hand, matches the United Kingdom with more than 20 per cent.
This indicates problems not with universities and the students they graduate, but in how Canadian
business leaders perceive and deploy the available talent.
Most regurgitated nostrums regarding the employability of university graduates are just wrong. First,
there is no shortage of Canadian engineering and science graduates. Second, liberal arts graduates have
valuable job skills in communication, critical thinking and contextualizing — witness the Bank of
Canada’s discovery that its economics specialists have woefully inadequate communication skills.
Recently employed liberal arts graduates, on the other hand, say their schooling provided excellent
preparation for what the job market really requires.
Another U. S. study ranked unemployment by university degree obtained: The jobless rate for
information technology specialists was 14.7 per cent, for architects 12.8 per cent, for economists 10.7
per cent, for accounting 8.8 per cent, for computer science graduates 8.1 per cent, and for business
management 7.8 per cent. Theatre arts graduates, by comparison, had unemployment rates of 6.4 per
cent.
Liberal arts graduates, at 8.1 per cent, had the same unemployment rate as mechanical engineers, and
were only marginally worse off than electrical or civil engineers at 7.6 per cent.
However, English majors employed in their first job earn more than business hospitality services majors.
And if they obtain a graduate English degree, they double that income.
Finally, Canadian universities are not falling behind in recruiting and retaining undergraduate students in
science and engineering.
Post- secondary enrolment in the life sciences, engineering, computer sciences, math and the physical
sciences increased every year from 1999 to 2009.
The number of doctoral students in engineering and natural sciences more than doubled over the same
decade. Enrolment in Canadian medical schools has doubled since 1970.
So what’s going on? The problem, it seems, is not that there is a dearth of talent, but that business
leaders expect universities to provide what only their businesses can provide — practical experience.
A 2012 study reports that while there is an abundance of young engineers in Canada, employers are
demanding of new hires the same experience levels as the retiring engineers they wish to replace. This is
just dumb strategy and incompetent human resources management.

Frankly, business leaders should stop their tiresome bleating, start hiring smart young people who have
shown their ability to learn, and begin mentoring the talent that will empower their companies to
compete in the increasingly competitive global marketplace for decades to come.
Readers voted for this story: Well Written (3) Not Well Written (0)

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Article for sss class nov 26

  • 1. ticle rank 24 Oct 2013The Vancouver SunShume@ islandnet. com Canada’s skills, labour shortages more rhetoric than fact Education: Job market reality shows university liberal arts graduates are doing just fine Once again a popular business mantra arises: Universities are out of step with the job market. They churn out unemployable graduates with useless humanities degrees when engineers and computer scientists are in demand. They should trim liberal arts programs producing artsy people that industry doesn’t need and graduate more with the training business wants. MARK WILSON/ GETTY IMAGES FILES Recently employed liberal arts graduates say their schooling provided excellent preparation for what the job market requires. This rhetoric represents less job market reality than ideological talking points from people who really should do some research before regurgitating received wisdom. Mind you, research seems a low priority for Canada’s corporate aristocracy. Federal studies show skills mismatches affect only a minority of businesses. And a recent TD Bank report confirms this. It corroborates a BMO study that found 30 per cent fewer businesses report skills shortfalls than have over a 15- year average. Furthermore, Canada’s universities punch above their weight in producing the innovative graduates needed to be competitive in the global economy. Canadian universities rank seventh among all OECD countries for research and development investment. By comparison, Canada’s business sector ranks 20th. Our entire private- enterprise sector invests in R& D at about half the rate of Finland, population smaller than Toronto. According to the World Bank, Canada’s share of annual GDP directed to R& D is about half what Sweden or Korea invests. This strategic ineptitude is reflected in another key area — patent applications. Canada ranks with Poland in this key indicator for innovation. We recorded just over 4,000 patent applications in 2011. Japan registered 287,580. The economically beleaguered U. S. registered 241,977. In percentage of exports comprising high- tech, Canadian business ranks with Estonia at 13 per cent. Iceland, on the other hand, matches the United Kingdom with more than 20 per cent. This indicates problems not with universities and the students they graduate, but in how Canadian business leaders perceive and deploy the available talent. Most regurgitated nostrums regarding the employability of university graduates are just wrong. First, there is no shortage of Canadian engineering and science graduates. Second, liberal arts graduates have valuable job skills in communication, critical thinking and contextualizing — witness the Bank of Canada’s discovery that its economics specialists have woefully inadequate communication skills.
  • 2. Recently employed liberal arts graduates, on the other hand, say their schooling provided excellent preparation for what the job market really requires. Another U. S. study ranked unemployment by university degree obtained: The jobless rate for information technology specialists was 14.7 per cent, for architects 12.8 per cent, for economists 10.7 per cent, for accounting 8.8 per cent, for computer science graduates 8.1 per cent, and for business management 7.8 per cent. Theatre arts graduates, by comparison, had unemployment rates of 6.4 per cent. Liberal arts graduates, at 8.1 per cent, had the same unemployment rate as mechanical engineers, and were only marginally worse off than electrical or civil engineers at 7.6 per cent. However, English majors employed in their first job earn more than business hospitality services majors. And if they obtain a graduate English degree, they double that income. Finally, Canadian universities are not falling behind in recruiting and retaining undergraduate students in science and engineering. Post- secondary enrolment in the life sciences, engineering, computer sciences, math and the physical sciences increased every year from 1999 to 2009. The number of doctoral students in engineering and natural sciences more than doubled over the same decade. Enrolment in Canadian medical schools has doubled since 1970. So what’s going on? The problem, it seems, is not that there is a dearth of talent, but that business leaders expect universities to provide what only their businesses can provide — practical experience. A 2012 study reports that while there is an abundance of young engineers in Canada, employers are demanding of new hires the same experience levels as the retiring engineers they wish to replace. This is just dumb strategy and incompetent human resources management. Frankly, business leaders should stop their tiresome bleating, start hiring smart young people who have shown their ability to learn, and begin mentoring the talent that will empower their companies to compete in the increasingly competitive global marketplace for decades to come. Readers voted for this story: Well Written (3) Not Well Written (0)