What’s in, What’s out: Employment rate reaches 94%

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Job opportunities in Western Visayas include those in the BPO industry. REUTERS FILE PHOTO

Receiving that college diploma is indeed one of life’s sweetest victories. A piece of paper that tells thousands of stories, struggles and hardships you’ve been through for the past four years or even five. Graduation day is your springboard into the real world and that diploma that you are holding, as they say, separates the men from the boys and the ladies from the girls.

Society tells of a tale that a successful man is a man with a degree. A successful man is someone who has conquered the raging seas of academic life and ventured out into the calm waters of stable job. Being successful, according to popular belief, is earning that diploma after spending all those years entrenched in the classroom, absorbing, and filling one’s head with knowledge just waiting to be applied in real life.

A person’s success in career life is predicted by that piece of paper presented on graduation day coupled with a good transcript of records. But is that really the case? Or is that what others want other people to think? Does dropping out of college mean life of poverty afterwards? What is the difference between having a degree and being educated? And does earning a college diploma automatically ensure a stable and respectable job?

“No it doesn’t. One of the reason why many graduate students are still unemployed because they don’t have desire to work. Even if they have diplomas with them that will prove that they had finished college if they don’t like to work then it’s still useless,” Amalia N. Judicpa, Regional Communication Officer of the Department of Labor and Employment (DOLE).

According to the 2014 survey of unemployment rate in Iloilo by the DOLE, the number of unemployed in Iloilo decreased by 1.1 percent compared to the 6.9 percent unemployed in 2013 becoming 5.8 percent in 2014.

Another reason Judicpa sited was there are only few people came during Job Fair. “There were so many jobs offered by big companies here in Iloilo but there are only few who are coming. Others who haven’t been hired is because of their lack of experience and this speaks about those fresh gradates. And also their courses is not fit to the job they are applying at,” she added.

“One can learn about Microbiology and Parasitological, and sure these are useful in students’ chosen fields, but the true essence of being educated is earning the qualities of patience, determination, and perseverance in the face of adversity,” Haydee Tabaosares, the Chair for the Department of Natural Sciences, shares.

For the most part, the third reason why there are still people who are still unemployed is because they don’t apply to companies such as fast foods and malls. According to her, people dislike this kind of jobs because of low salary (well, that’s the main reason why we seek for job to earn money).

On the other hand, DOLE is seeing 2015 as a prosperous year for the country’s labor sector.

According to Labor Secretary Rosalinda Baldoz, 2014 marked positive output in the labor sector which the department hopes to be sustained this 2015. And 2014 listed an employment rate of 94 percent, higher to the 93.6 percent employment rate in 2013.

She added that the labor force in the country also increased by 1. 046 million, counting to 41.3 million in 2014 or equivalent to 2.7 higher in 2013.

The service sector topped the list as it register 53.7 percent of the total share of the employment in the country, particularly in the month of October.

The service sector include industries involving trade, household goods, real estate, transport, storage, communication, financial, public administration, defense, and social security among others.

However, the agricultural sector came in next as it contributed 30.8 percent of the total number of employment in the country for 2014.

The agriculture sector is a very good example of where investments should go. Why should we content ourselves with just producing and exporting raw copra or bananas, or the fresh catch from our seas? The government must make it conducive for investors to put money in factories and manufacturing facilities to bring the agricultural sector step higher – processed agricultural products. Our farmers and fishers need not forever be farmers and fishers; they must upgrade to become processed-coconut producers or canned-fish manufacturers.

We are not lacking in solutions to the worsening unemployment problem. The private sector, not the government, is the engine of economic growth. However, our investment climate is such that prospective investors are either turned off by bureaucratic red tape or stymied by regulatory restrictions. We need only political will on the part of the government to build roads, sea, and airports and other infrastructure, and remove restriction to the flow of local and foreign investments, and for the private sector to do its part by investing in job-creating activities, particularly in the countryside.

There are a lot of people who have graduated college yet still lack the skills and values necessary to succeed in life. Some officials of the country are examples of that. Stealing from the people and scandalizing the whole country on national television is definitely NOT a sign of being educated.

A diploma cannot assure someone a job in the future, although it increases the chance of landing one. Having a degree will not automatically spell success for a young hopeful fresh out of college. Success, based on that done-to-death quote, is 1 percent inspiration, and 99 percent perspiration.

 

References:

http://www.philstar.com/business/2015/12/17/1533312/bsp-issues-guidelines-rural-bank-mergers

http://www.businessnewsdaily.com/latest

http://www.interaksyon.com/business/109648/94-employment-rate-in-western-visayas

http://ro6.dole.gov.ph/default.php?retsamlakygee=25&resource=28dd376c5a44acc92e450ee338260c56

http://opinion.inquirer.net/71695/solving-unemployment

http://newsinfo.inquirer.net/576322/ph-unemployment-worsens-sws-survey-shows

 

 

 

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