Vocational education and training - VET

In this study authors Torben Drewes and Tyler Meredith find that although investments in education undertaken earlier in life generally provide a higher payoff, returns to education and training appear to remain positive up to age 40. This suggests a considerable portion of Canada’s labour force might benefit from improved access to learning later in life, including the 1 in 7 working-age adults who report having insufficient qualifications for their current job, and the 1 in 5 who lack basic literacy and numeracy skills.