Causes of unemployment in the philippines

University World News or Higher Education Web Publishing does not necessarily endorse, support, sanction, encourage, verify or agree with any comments, opinions or statements or other content provided by readers. Fast growing East Asian economies have rapidly increased the numbers of students attending university in recent years.

Causes of unemployment in the philippines

University World News or Higher Education Web Publishing does not necessarily endorse, support, sanction, encourage, verify or agree with any comments, opinions or statements or other content provided by readers.

Why is Unemployment High in the Philippines?

When swingeing budget cuts pressure higher education institutions to perform more with less, they have to justify the different purposes that they serve. Whether that is training people for active citizenship, facilitating social mobility, improving skills needed in the labour market or conducting high-quality research, these activities are weighted against one another in a competition for funds and in creating a more efficient education system.

The rising unemployment of recent graduates in Europe has emphasised the needs of the labour market in connection with higher education reforms. Unemployment is not caused by education Three arguments are used to explain the need for reform.

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One says that there is a mismatch between skills and labour market demands. Another one says that there is an oversupply of graduates for certain fields. Then some simply argue that the high unemployment rate is reason enough to reform the education system.

Causes of unemployment in the philippines

A thorough examination of other factors that may affect or be the cause of those problems is missing. The root causes of graduate unemployment need to be further investigated and understood, as they extend beyond the content or quality of education. Several issues are tied to the debate around graduate unemployment.

There are many initiatives taking place at the European, national and local levels that aim to enhance the employability of graduates.

Technological unemployment - Wikipedia

They range from the recent communication from the European Commission called Rethinking Education and national reforms aimed at including graduate employment as an indicator in decisions regarding higher education funding to the development of career centres within universities.

There is a willingness to do something, but we should ask on whose terms it is done. As an example, the introduction of innovation and entrepreneurial studies to enhance the employability of graduates has become a staple part of almost all discussions. Are the individuals who are expected to become entrepreneurs ready for it?

Is entrepreneurship attractive to graduates? Does it make sense for all fields of study? This example shows that there is a lack of comprehensive discussion that tackle the causes and possible solutions of graduate unemployment and that involves all stakeholders.

It is obvious that the skills needed in the labour market go beyond these examples and are also gained outside formal education. They include transversal skills that are highly valued by employers, such as communication, a talent to work on projects and in teams, analytical abilities and intercultural competences.

Such skills are not only obtained in formal education and this needs to be recognised by higher education institutions and employers alike. Shifting from a narrow-minded perspective on skills needed and how education delivers a certain level of expertise is vital in driving forward the discussion on higher education reforms and how curricula should develop.

Four countries are involved in the SAGE study: Denmark, Finland, Hungary and Spain. SAGE will publish study cases based on these four countries that explore national policies in addition to engaging in dialogue with higher education stakeholders to discuss the current situation.

By default, our education system prepares individuals for the labour market by providing them with skills that enable them to enter the market and adapt to life at work.

Instead of limiting academic freedom or study choices, we should instead ask if the quality of the education provided is good enough to prepare graduates for the future.With member countries, staff from more than countries, and offices in over locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.

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We no longer need settlers for virgin lands, and our economy is expanding more slowly than in the nineteenth and early twentieth century.

The seventh cause leads to cyclical unemployment. Frictional and structural unemployment occur even in a healthy economy.

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