[Canada] Number of university graduates in payroll employment nearly doubled

[Canada] Number of university graduates in payroll employment nearly doubled
03 Dec 2025

New statistics from the government of Québec have revealed that between 2006 and 2024, the number of university graduates (bachelor’s degree or higher) with a payroll job nearly doubled, reaching more than one million in 2024, Institut de la statistique du Québec reports.

According to the stats, this growth was stronger among women (+300,000) than men (+210,000). The changes have led to an increase in the share of university graduates in the workforce, particularly among women (46 per cent in 2024).

The share of university graduates holding jobs that match their education level reportedly remains unchanged. In 2024, this stood at about 66 per cent for women and 59 per cent for men. Among people born in Québec or elsewhere in Canada, this share increased from 66 per cent in 2006 to 74 per cent in 2024. 

The wage premium for people in jobs that require a university degree has increased since 2006. In 2006, among women aged 25 to 29 who held a job that usually requires a university degree, the wage premium over those with a job requiring a high school diploma was 63 per cent. In 2024, when these women were aged between 43 and 47, the wage premium was around 93 per cent. Among women aged 30 to 34 in 2006, the premium rose from about 78 per cent to 99 per cent over the same period. 

Among men, the wage premium also reportedly saw significant increases in both these age groups, particularly among those aged 25–29, rising from 53 per cent in 2006 to 92 per cent in 2024.  


Source: Institut de la statistique du Québec

New statistics from the government of Québec have revealed that between 2006 and 2024, the number of university graduates (bachelor’s degree or higher) with a payroll job nearly doubled, reaching more than one million in 2024, Institut de la statistique du Québec reports.

According to the stats, this growth was stronger among women (+300,000) than men (+210,000). The changes have led to an increase in the share of university graduates in the workforce, particularly among women (46 per cent in 2024).

The share of university graduates holding jobs that match their education level reportedly remains unchanged. In 2024, this stood at about 66 per cent for women and 59 per cent for men. Among people born in Québec or elsewhere in Canada, this share increased from 66 per cent in 2006 to 74 per cent in 2024. 

The wage premium for people in jobs that require a university degree has increased since 2006. In 2006, among women aged 25 to 29 who held a job that usually requires a university degree, the wage premium over those with a job requiring a high school diploma was 63 per cent. In 2024, when these women were aged between 43 and 47, the wage premium was around 93 per cent. Among women aged 30 to 34 in 2006, the premium rose from about 78 per cent to 99 per cent over the same period. 

Among men, the wage premium also reportedly saw significant increases in both these age groups, particularly among those aged 25–29, rising from 53 per cent in 2006 to 92 per cent in 2024.  


Source: Institut de la statistique du Québec