A recent study completed by the Institut de Québec suggests that the current employment situation may be shifting in favour of workers with higher levels of education. Between 2017 and 2023, there was sustained demand—and rising wages—for workers with lower levels of education, as Québec dealt with an acute labour shortage. However, since the end of 2023, the demand from employers for workers with lower levels of education has declined by 5% while the pool of available workers has increased by 3%. Employer demand for workers with a university degree has also increased more rapidly than the supply of educated workers. The study authors concluded that postsecondary education remains a beneficial pursuit in the province, despite the fluctuating job market.
