Labor and the Economy Education and Skills for the 21 st Century.

Labor and the Economy

Education and Skills for the 21st Century


Our ability to compete as a nation demands a

fresh approach to public education.

We need to recognize that a 21st century education is the bedrock of

competitiveness and the engine of the economy.


Why 21st Education?


1. Fundamental changes in the economy, jobs and businesses

- industrial economy based on manufacturing has shifted to a service economy driven by information, knowledge and innovation

- companies have changed how they are organized and the way they do business

Labor and the Economy *National Institute of Literacy and the Small Business Administration

Shifts in Organization and Management


2. New and Different Skill Demands

- more important than the amount of education are the kinds of skills required by the new economy

- hiring workers with a higher skill set, particularly expert thinking and complex communication skills


3. Two Achievement Gaps

- global achievement gap: among students and their international peers in competitor nations


Framework for 21st Century Learning


Comparison

Bernard Huggonier

• Dynamic skills for environmental awareness

• Skills for lifelong learning

• Workplace skills for the knowledge economy

• Information & Communication Technology Skills

• Skills for endogenous development

• Skills for social capital

Framework

• Learning and Innovation Skills

• Information, Media and Technology Skills

• Life and Career Skills


Philippines


Education and Mortality

• Mortality

– more educated people have a greater chance of survival and, hence, longer life expectancy; they are more aware of the rules of hygiene and less fatalistic in the face of disease


Education and Fertility

• Fertility

– educated woman who marries later in life will also start having babies later, as a result she will have fewer children than a woman with little or no education


Education and Marriage

• Marriage

– educated people marry later in life than those with little or no schooling and men have a higher probability to get married earlier than women


Education and Migration

• Migration

– educated people tend to migrate to cities or abroad because of job opportunities and income differences


Statistics

April 21, 2023 22Multigenerational Study

Percentage of Population Aged 50 & Above Asia-Pacific

14

.09

%

25

.32

%

18

.54

%

27

.93

%

13

.75

% 20

.17

%

13

.28

%

11

.46

%

19

.08

%

20

.62

%

18

.44

%

16

.41

%3

0.8

6%

37

.91

%42

.20

%

49

.66

%

21

.09

%

22

.92

%

45

.50

%

28

.21

%

24

.31

%

52

.26

%

37

.48

%

39

.79

%4

3.3

0%

45

.02

%

59

.19

%

32

.89

%

36

.50

%

53

.44

%

29

.63

%

29

.61

%

57

.42

%

48

.35

%

44

.83

%

38

.39

%

0%

10%

20%

30%

40%

50%

60%

70%

Australia China Hong Kong India Indonesia SouthKorea

Malaysia PhilippinesSingapore Taiwan Thailand TOTAL

Year 2000 Year 2030 Year 2050

Watson Wyatt’s Asia Pacific Workforce Study, 2006


Percentage of Population Aged 50 & Above

• Compared to other Asia-Pacific countries, the Philippines has the lowest percentage of older population

• Thus, Philippine workforce is made up of younger people, up until 2050

Philippines Only

11.46%

21.09%

29.61%

Year 2000 Year 2030 Year 2050


Many Asian countries will need to address challenges arising from sharply increasing median age, rising old-age dependency rations and concomitant reduction in the share of working-age population.

Demographic Trends in Selected Asian Countries


• 94.1 Mpopulation• 26.5% poverty ratio• 72 y/o life expectancy• 95.42% literacy rate• 63.7% labor force participation rate• 92.6% employment rate• 19.4% underemployment rate• 7.4% unemployment rate

*World Bank*Bureau of Labor and Employment Statistics


Enrollment

LEVEL 2005-2006

2006-2007 2007-20082008-2009

2009-2010

Pre school 911,899 961,397 1,002,2231,175,10

11,474,644

Elementary

13,006,647

13,145,210

13,411,28613,686,6

4313,934,17

2

Secondary

6,298,612 6,363,002 6,506,1766,763,85

86,806,079

Tertiary 2,483,274 2,604,449 2,654,2942,625,38

52,770,965

TOTAL22,700,7

3223,074,0

5823,573,97

924,250,9

8724,985,8

60

*Department of Education*Commission on Higher Education


Summary of Tertiary Graduates by Discipline

Discipline Group AY 2009-2010

Business Admin. and Related 102,399

Medical and Allied 70,755

Education and Teacher Training 69,895

Engineering and Technology 47,844

Information Technology 43,328

Social and Behavioral Science 13,112

Agricultural, Forestry, Fisheries, Vet Med. 12,647

Maritime 11,960

Mass Communication and Documentation 4,906

Humanities 4,705

Natural Science 4,270

Law and Jurisprudence 3,326

General 3,226

Service Trades 2,762

Architectural and Town Planning 2,692

Fine and Applied Arts 2,209

Mathematics 2,019

Trade, Craft and Industrial 1,887

Religion and Theology 1,389

Home Economics 1,043

Other Disciplines 18,797

TOTAL 425,171


What’s Next?


DepEd ICT4E Strategic Plan

• Enhancing Curriculum

• Empowering Teachers, Administrators, Officials and Students

• Strengthening Schools, Governance and Management


What’s in it for all of us?


WIIFM?

• Employers

– Further skills development expands the pool of workers from which employers recruit, hire, and promote, consequently increasing their productivity, and ultimately, increasing competitiveness


WIIFM?

• Employees

– Higher wages

– More likely to find reemployment

– Lower unemployment rate


Education – In Summary


Actors in Play

• Learners– Students

– Workers

– Citizens

• Providers– Educational Institutions

– Employers

– Labor Unions

– Government/Public Sector


Education

Even as we focus on speeding up our economic recovery, we also know that when it comes to jobs, opportunity and prosperity in the 21st century, nothing is more important than the quality of education. At a time when most of the new jobs being created will require some kind of higher education; when countries that out-educate us today will outcompete us tomorrow, giving our kids the best education possible is an economic imperative.

– President Barack Obama, October 9, 2010 Weekly Address

Is there a better way?

Labor and the Economy Education and Skills for the 21 st Century.

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