August 14, 2022

Opinion: Of the a million jobs anticipated in British Columbia over the subsequent 10 years, practically 80 % would require post-secondary training and coaching.

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Job market forecasts inform us that there’s a labor scarcity looming over the BC financial system. Of the a million jobs anticipated in British Columbia over the subsequent 10 years, virtually 80 % would require post-secondary training and coaching, based on the province’s newest Job Market Survey. These wants will have an effect on jobs in each sector of our financial system and in each area of the province, from healthcare and training to science, know-how and expert trades.

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The expertise scarcity is not distinctive to British Columbia. In developed nations, technological change, coupled with an growing old inhabitants, is inflicting rising concern concerning the long-term financial penalties of a shrinking workforce. And there’s a consensus in lots of jurisdictions that human capital improvement is an pressing short- and long-term precedence for these held again by expertise shortages.

In British Columbia, the provincial authorities has positioned expertise improvement on the heart of its financial plan, launched earlier this 12 months, which shall be supported by the Division of Expertise and Training’s “Future Prepared: Expertise for Tomorrow’s Jobs” plan, which is at present underneath improvement. . . In a current federal funds, labor shortages have been cited as a serious barrier to employment within the industrial sector, and motion has been promised to decrease obstacles to labor drive participation. And within the US, Treasury Secretary Janet Yellen just lately advised the World Financial Discussion board that human capital is the Biden administration’s prime financial precedence as a method of boosting productiveness, spurring innovation, and addressing points like rising inequality.


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British Columbia is properly positioned to satisfy this problem. The province’s faculties, universities and establishments are second to none as engines of social and financial mobility. Our larger training system is very built-in and revered in Canada and around the globe. It generates billions of {dollars} of financial exercise and offers top quality training to a whole lot of 1000’s of scholars yearly. Surveys persistently present that shortly after commencement, greater than 90 % of BC undergraduate college students are happy with their diploma, with the overwhelming majority working in fields of their selection.

However success shouldn’t result in complacency. The world is altering sooner than ever in residing reminiscence. The pandemic has uncovered and exacerbated financial weaknesses. An apparent and more and more acute impression of local weather change is the reordering of political and financial priorities. And new world uncertainty is upending long-standing financial assumptions and commerce relations. Towards this backdrop, the necessity for extra inclusive and sustainable progress turns into much more evident. Expertise improvement is the important thing to attaining these objectives.


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Throughout BC’s larger training sector, these priorities are driving modern programming that responds to altering pupil expectations and the wants of our financial system. For instance, SFU is increasing the attain and impression of post-secondary training with new packages such because the MBA in Indigenous Peoples and Enterprise Management—the primary of its sort in North America. We put together college students for work within the fields of unpolluted know-how and renewable vitality at Western Canada’s solely College of Sustainable Design. And we plan to open a brand new medical faculty that can practice main care physicians and household practitioners outfitted to satisfy the wants of the underprivileged.

By means of these and different forward-looking initiatives and packages, BC’s higher sector is educating tomorrow’s workforce to deal with the largest financial and social challenges of our time, from low-carbon innovation to selling lasting and significant reconciliation with Indigenous peoples. We hope you’ll be able to be a part of us as we work to create a extra inclusive and sustainable future for all.

Pleasure Johnson is President and Vice Chancellor of Simon Fraser College.



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