This article explores how skill proficiencies are related to household income for Canadians aged 16 to 65 using data from the first wave of the Longitudinal and International Study of Adults (LISA), conducted in 2012. The article also demonstrates how the relationship between skill level and low income changes after controlling for other characteristics known to increase the risk of low income. After controlling for other characteristics known to increase the risk of low income, individuals who were in the lowest level of literacy proficiency continued to have a low-income rate higher than individuals who were in the highest levels.
The Differential Impact of the Pandemic and Recession on Family Finances