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ERIC Number: ED565199
Record Type: Non-Journal
Publication Date: 2012-Sep
Pages: 4
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Investing in Upskilling: Gains for Individuals, Employers and Government. Summary Nova Scotia
Canadian Literacy and Learning Network
Canadians share a common interest in finding ways to raise incomes and reduce dependence on income support programs. Canadian Literacy and Learning Network (CLLN) and DataAngel Policy Research Incorporated have produced a report that explores the potential of an investment in adult literacy to simultaneously raise Canadians' earnings and reduce government expenditures on Employment Insurance, Workers Compensation, and Social Assistance benefits. This summary presents highlights from the main report and key findings for Novia Scotia. The analysis examined the costs and savings associated with moving every Canadian with a Level 1 or 2 rank on the international scale of literacy achievement to Level 3. Research suggests that Level 3 proficiency is needed for Canada to compete on global markets. Findings include: (1) Assuming "best practice" instruction, a one-time investment of $987 million over 5 years would be required to raise the skills of all adults in Nova Scotia to Level 3; (2) If that investment was made, earnings for Nova Scotia adults who receive literacy upgrading are estimated to rise by $2.79 billion, or an average of $3,686/worker annually; and (3) If that investment was made, total savings of $96 million could be realized in Nova Scotia. [For "Investing in Upskilling: Gains for Individuals, Employers and Government. In Focus: Benefit Receipt Payments," see ED565189.]
Canadian Literacy and Learning Network. 342A Elgin Street, Ottawa, ON K2P 1M6. Tel: 613-563-2464; Fax: 613-563-2504; e-mail: clln@literacy.ca; Web site: http://www.literacy.ca
Publication Type: Reports - Research
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Canadian Literacy and Learning Network; DataAngel Policy Research Incorporated (Canada)
Identifiers - Location: Canada
Identifiers - Assessments and Surveys: International Adult Literacy Survey
Grant or Contract Numbers: N/A