More than a million high school students and more than 500,000 college students are expected to graduate this year, which means about 1.5 million Filipinos will either enter the job force or remain unemployed.
Ted Failon finds out the reasons behind unemployment and underemployment in the country this Saturday (Apr 14) in “Failon Ngayon.”
According to the Labor Force Survey (LFS), the unemployment rate in the Philippines has decreased to 7% this year from 7.3% in 2010. However, the country’s underemployment rate increased, which means many Filipinos are overqualified for their jobs just like Moises Azarcon, a computer engineering graduate who is currently working as a call center agent.
For Rep. Raymond Palatino of Kabataan Partylist, one of the reasons for this trend is that students tend to pick a popular course when entering tertiary education. Roan Panaligan, for example, finished and passed the nursing board exams but she is still unable to find work at any hospital where apply what she has learned from school.
Watch the full story in “Failon Ngayon” this Saturday (Apr 14), 4:30 PM on ABS-CBN. Visit its Facebook page at www.facebook.com/failon.ngayon and follow it on Twitter via @Failon_Ngayon.