Educational attainment among the Nova Scotia workforce has been on a relatively steady rise for decades. However, while that may seem to suggest that everyone in the workforce is becoming more highly educated, this is not necessarily the case. As labour market demands change and jobs require increasingly skilled labour, each new cohort entering the labour force has responded by attaining higher levels of education.
Over time, as new and higher educated cohorts have entered the labour force and older cohorts with lower postsecondary attainment rates leave the labour force, the overall postsecondary attainment rate increases. This trend will continue even without policy intervention, as new and younger workers continue to replace retirees in the labour force.
age 2016 2006 25-44 72.00% 63.50% 44-54 65.20% 57.20% 55-64 60.70% 52.10% 65 47.60% 35.30%
Changes to the indicator, baseline, or target:
- The goal was assumed to be measuring exports in real dollars (as opposed to current prices)
- Contextual numbers were removed from the goal statement. It was assumed that the target was to grow exports by 50 per cent over the baseline, not to the specific dollar value provided for context in the Report of the Nova Scotia Commission on Building our New Economy. This was done to keep the goal consistent in case of future historical revisions to the source data.