Worthy of a revisit

I reported on this when it first came out but given some of the conversations I had this week I thought it was worth revisiting.  From the 2006 Census:
New Brunswick: Smallest proportion of postsecondary graduates of all provinces

Just over one-half (53%) of the adult population of New Brunswick aged 25 to 64 were postsecondary graduates in 2006, the smallest proportion of all provinces.

Even in the urban centers, only 58% of the adult population were postsecondary graduates. This was the smallest proportion among all four Atlantic provinces.

About 16% of New Brunswick’s adult population had a university degree in 2006, 21% had a college diploma, and 12%, a trades certificate. About 26% had a high school diploma and 21% had not completed high school.

Only one in 10 (11%) young New Brunswick adults aged 25 to 34 had not completed high school in 2006, the lowest proportion in Atlantic Canada. This was a significant reduction from the rate among older generations. Among the oldest adult age group, 55 to 64, one-third (33%) had not completed high school.

New Brunswick incurred the largest net outflow of postsecondary graduates in Atlantic Canada between 2001 and 2006. More than 18,200 postsecondary graduates who lived in New Brunswick in 2001 lived in a different province or in a territory in 2006. At the same time, fewer than 13,600 postsecondary graduates moved to New Brunswick, a net outflow of nearly 4,600 persons.

For the  the most damning statistic was the largest net outflow of postsecondary graduates.  More than 18,200.    That’s roughly $650 million in lost income each year (if those people had been able to find jobs in New Brunswick).

After viewing this data, I coined the phrase New Brunswick: Labour market incubator for Ontario and Alberta.

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6 Responses to Worthy of a revisit

  1. mikel says:

    Don’t forget asia, most of the universities ‘specialize’ in the non science faculties, and many of these people end up in asia teaching english. But your calculations are bad, people did move IN to New Brunswick, which means you should use the 4600, not 18,000 number. And the relevant point here is IF they could find jobs. I’d suggest that’s the main reason most left.

  2. Good point but we still saw 18,200 leave which is still the lost potential.

  3. Anonymous says:

    And BNB’s spin doctors say this (“Locate your Business in New Brunswick” webpage, http://www.gnb.ca/0398/investment/workforce/index-e.asp):

    The labour market in New Brunswick offers:

    – Educated: one of the best high school graduation rates in Canada (82%) and nearly 60% of our working age population have at least some post-secondary education or training.

    – Large pool of underemployed workers comprised of discouraged searchers, those waiting for work, and part-timers who would prefer full-time work.

    Which version do we think a company looking for a new location will believe? My bet: not BNB’s. If I am planning to invest a few million dollars, I would certainly do my due diligence. Which brings us back to the NB Inc tread of a few days ago. What use would an arm’s length organization have if we don’t make the province truly attractive for investment?

  4. That’s two different things. The external messaging to potential investors needs to be positive and the fact is that the majority of companies that have set up here have had positive experiences. The BNB external messaging needs to talk up positive attributes. The internal messaging needs to be focused on the need to ramp up education but also the importance of having jobs here for educated people.

  5. Anonymous says:

    There needs to be good quality jobs and good quality employers if we hope to attract and retain post secondary education graduates. You don’t need a PhD in Physics to answer phones or, as the T&T advocates, deal cards and sell concert tee shirts.

    One of the myths that hurts our region is that university researchers graduate and turn their research into a business. This does happen, but it is the exception, not the rule. More frequently, these graduates join a going concern business with a commitment to research and an ability to convert ideas into commercial success. Unfortunately, we have too few of these businesses in New Brunswick hence, the graduates leave.

    Many of the symptms we talk about; low investments in research, out migration, standards of living etc are greatly helped by having a few progressive businesses that employ university graduates, and invest in research. Instead, we apply band aids like the Population Growth Secretariat, rather than address the root cause of the problem. Create great jobs and we’ll attract great people.

  6. Rob says:

    Instead, we apply band aids like the Population Growth Secretariat, rather than address the root cause of the problem.

    I kind of feel the same way, but doesn’t the PGS share a Minister with Business New Brunswick? I would think the goal of these two groups is absolutely the same, while they work towards their goals in different way.

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