According to survey, 47.6% of the total unemployed belonged to the age group 15 to 24, corresponding to a youth unemployment rate of 11.6%. The national youth unemployment rate of is still more than twice the national rate. These observations have been consistent in the last decade—unemployment is a phenomenon persisting mostly to the youth group. Also noteworthy is that despite the fact that many have reached high school and college, they still remained unemployed.
“One of the most important interventions in employment facilitation is the dissemination of reliable labor market information (LMI) to jobseekers. Being abreast of the labor market trends is essential to a successful transition to the workplace,” shared Director Tutay.
The JobsFit LMI Report forms part the BLE’s LMI packet. The report is a series of market signaling studies pioneered in 2009 and updated in 2013, which enumerates the summary findings and recommendations to provide efficient employment facilitation services, and to respond to the prevailing job-skill mismatch underlying the unemployment and underemployment problems in the country.
“The industries that are foreseen create sizable number of jobs in the next eight (8) to ten (10) years include the Agribusiness; Construction; Information Technology- (IT) Business Process Management (BPM); Health and Wellness; Hotel Restaurant and Tourism; Wholesale and Retail Trade; Banking and Finance; Transport and Logistics (particularly Aviation, Maritime, and Land Transport); Manufacturing; Real Estate; Power and Utilities; and Education, as well Shipbuilding and Renewable Energy are identified as emerging industries with regard to employment creation,” she enumerated citing the JobsFit 2013 issue.
The report also identifies occupations that are anticipated to be in-demand and hard-to-fill in the future. In the 2013 report, there are 275 in-demand occupations (such as Machine Operator, Call Center Agent, AutoCAD Operator, Midwife, Radiologist, Human Resource Officer, Sales Consultant, Bank Teller, Cook, Ground Engineer, Research and Development Officer, Production Worker, Statistician, Electrician, Licensed Guidance Counselor, and Lineman) and 102 hard-to-fill occupations (such Marine Scientist, Geologist, Animation Artist, Food Safety Expert, Management Analyst, Meteorologist, Aircraft Maintenance Mechanic, Plant Operator, Surveyor, Geoscientist, Underwater Welder, and Ethanol Machine Processing Operator).
“Besides the JobsFit, other BLE LMI materials may be accessed by everyone through the PhilJobNet website (www.philjobnet.gov.ph), the Philippine government’s official job site and LMI portal,” continued Director Tutay.
Through series of regional consultations and desktop reviews, the JobsFit report is being updated this year. Expectedly, the most up-to-date information on skills requirements in the country will be included in the next issue of the report this 2017.