The Economic Benefits of Bilingualism

The Economic Benefits of Bilingualism Business Opportunity, Job Security, and Job Opportunities On paper, Canada is a bilingual country. It has two official languages: English and French. All students in Canada take second language courses at school, but many do not learn enough of the second language to be considered bilingual. In part, this is because the second language is not always taught effectively in schools, and students are not always motivated to learn the second language. Should we be concerned about monolingualism? Are there any advantages to bilingualism? According to Economic Advantages of Bilingualism, a Government of Canada report (Heritage Canada, 2016), the answer is yes. Business Opportunity, Job Security, and Job Opportunities Bilingualism creates greater economic activity, job security, and job opportunities. Being able to trade goods and services in two languages adds 3.3 billion dollars each year to the economies of Canada’s two most bilingual provinces, New Brunswick and Quebec. Companies recognize the value of bilingualism when facing economic hardship due to rising wages since they lay off monolingual employees first and bilingual employees last. Bilingual workers enjoy more employment opportunities than monolinguals since bilinguals are more mobile. Unlike their monolingual counterparts, they can move to geographic areas where their second language is spoken during an economic downturn to find work. The economic benefits of bilingualism Bilinguals are Highly Employable Students’ choice of academic programs can have a big effect on their ability to find jobs. For example, many people choose to study sciences with the hope that they can find a well-paying job in the future. Not many students realize, however, that the research reveals that graduates of Modern Languages find work sooner after graduation than graduates from Science, Technology, Engineering, and Mathematics programs. The reason Modern Languages graduates can avoid unemployment early in their careers is that they their communication skills make them employable in greater range of industries in multiple sectors of the economy. If one sector is shrinking, a Modern Languages graduate can find work in a sector that is growing. Bilingualism makes workers immediately more employable where they already live. Bilinguals Earn More Money Research also shows that bilinguals are paid better than monolingualsâ€"even monolinguals with a higher IQ. When compared with a more intelligent monolingual, a less intelligent bilingual counterpart will earn more because of better communication skills. In Canada, bilinguals make, on average, 37% more than their monolingual co-workers. This means that a monolingual who makes $20 per hour could make $27.40 by learning a second language.  You don’t even have to be a college graduate to benefit from having a second language.  High school graduates who studied Modern Languages make 4% more money than students who avoided language courses. In Quebec, where the demand for English is stronger than the demand for French in the rest of Canada, Economics professors Louis Christofides and Robert Swidinsky   (2010)  found that bilingual French-speaking men make about 7%   more than monolingual French speakers. Those same bilinguals make nearly 21% more if they speak English on the job. In other words, jobs that actually require using English at work pay bilinguals 14% more than jobs that only require a knowledge of English. Women bilinguals in Quebec had similar salary advantages. Learn Your Second Language at School Learning a second language outside of school is not easy. Many workers want to develop their second language skills, but half believe that their company does not provide enough language training. Their bosses seem reluctant to pay more for language training, which is surprising because nearly 70% of company executives believe that bilingualism increases innovation and sales. So, while you are at school, look for opportunities to learn a second language. It will help you stand out in a job interview when it comes time to look for a job. When asked, Human Resources managers say that bilingual job candidates have more determination, discipline, and cultural awareness, and they believe that bilinguals listen and learn better than monolingual candidates. Language learning seems to help students develop soft skills, those personal attributes that enable workers to interact effectively and harmoniously with other employees. More and more, employers are starting to recognize the value of soft skills to the productivity and success of their business. References Heritage Canada. (2016). Economic Advantages of Bilingualism Literature Review. Retrieved from https://www.caslt.org/files/learn-languages/pch-bilingualism-lit-review-final-en.pdf Chrsitofides, L. N., Swidinsky, R. (2010). The economic returns to the knowledge and use of a second official language: English in Quebec and French in the rest-of-Canada. Canadian Public Policy, 36(2), 137â€"158. https://doi.org/10.3138/cpp.36.2.137 Please follow and like us: