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Conventional wisdom is that greater schooling and skill improvement leads to higher wages and income inequality falls with wider access to schooling. Yet, since the early 1970s, inequality climbed, while educational attainment and worker skills gained and dispersion in schooling levels...
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The job market in Canada has changed dramatically in the last fifteen years. Improvements in technology allow business to do more with less labour and to demand higher education levels and more technical skills for entry-level jobs. Youth unemployment has remained high since the 1982 recession....
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