Professional Documents
Culture Documents
LABOR MARKET
INFORMATION
and
CAREER GUIDANCE
GUIDING THE YOUTH’S CAREER CHOICES
Labor Force – refers to the population 15 years old and over who contribute to the production of goods
and services in the country. It comprises the employed and unemployed;
Employed – consists of persons in the labor force who are reported either as at work or with a job or
business although not at work. Persons at work are those who did some work, even for an hour during
the reference period;
Unemployed – consists of persons in the labor force who are reported as (1) without work; and (2)
currently available for work; and (3) seeking work or not seeking work because of the belief that no
work is available, or awaiting results of previous job applicant, or because of temporarily illness or
disability, bad weather or waiting for rehire or job recall; and
Underemployed – refers to the employed persons who express the desire to have additional hours
of work in their present job or an additional job or have a new job with longer working hours.
BUILDING BLOCKS
OF THE
LABOR FORCE
(Philippines) JUNE 2021
What is the future of work in INDUSTRY 4.0?
Fourth Industrial Revolution or Industry
4.0
The digital revolution characterized by a
fusion of technologies that is
blurring the lines between the physical,
digital, and biological spheres.
106
Employers often ask for a combination of hard and soft skills.
109
HARD SKILLS
are technical
knowledge or
training that you
have gained
through any life
experience,
including in
your career or
education.
110
Life Skills
SOFT SKILLS
are personal
habits and
traits that
shape how
you work, on
your own and
with others.
111
HARD v SOFT SKILLS
SKILLS s
112
Why Life
Skills?
“While hard skills are necessary
to successfully perform technical
tasks in a job, soft skills are
necessary to create a positive
and functional work
environment. “
114
115
Soft Skills over Hard
Skills
116
Soft Skills over Hard
Skills
“Companies can train employees in technical
skills. Soft skills, on the other hand, are far
harder to teach, which is why companies
should be looking to hire for soft skills and
train for technical skills.”
117
119
Did you
know?
120
“
Employers are starting to
realize that academic
performance does not
always translate to how one
might perform at work.
Occupations
Merchandiser/Buyer
Salesman/Saleslady
Promodiser
Cashier
KEGS: CONSTRUCTION
This sector covers putting up of horizontal and
vertical construction projects. Horizontal forms of
construction involve the operation of heavy
equipment to move tons of earth materials in
order to complete construction projects such as
building roads, bridges, airfields, etc. Vertical
construction means anything being built from the
ground up.
Occupations
Fabricator
Pipe Fitter
Welder
Engineers:
1. Civil Engineer
2. Geodetic Engineer
3. Design & Structural Engineer
4. Planning & Contract Engineer
KEGS: HEALTH AND
WELLNESS
The industry covers the establishment and
operation of medical facilities such as primary,
secondary and tertiary hospitals, ambulatory
clinics, and spas that cater to the overall well-
being of a person. This includes the operation of
hotel spa, therapeutic center, traditional and
alternative healing, and medical care services.
Occupations
Full-time Faculty on Entrepreneurship
Health Education Project Facilitator
Online English Teacher
Youth Development Officer
KEGS : POWER AND UTILITIES
The utilities sector refers to a category of
companies that provide basic amenities, such
as water, sewage services, electricity, dams,
and natural gas.
Occupations
Electrical Control Operator
Equipment Operator
Electrical Technician
Mechanic
Mechanical Technician
PRIORITY OCCUPATIONAL REQUIREMENTS
Priority Occupational Requirements are occupations needed by the industry
that are neither in-demand, hard-to-fill, or cross-cutting. The following
criteria was set to identify these occupations:
New technological revolution gives rise or demand for new occupational titles
that adapt to changing times and labor market needs. The transition to new
technology and business practices brought by the Fourth Industrial Revolution was
accelerated by the COVID-19 pandemic. This caused a shift to remote work and
digitized workplaces to ensure safety and serve as containment measures for the
workers.
These are the top 10 emerging jobs from Linkedin’s 2021 Emerging Jobs Report
Philippines and the top 10 most in-demand jobs in the Philippine’s New Normal
from Paymaya.
Linkedin also recently published the Job on the Rise in 2022 in Southeast Asian Regions (Philippines, Malaysia,
Indonesia, and Thailand) report. Table below shows the skills and occupational titles in various industries that
recently emerged in the region as the COVID-19 pandemic accelerated the adoption of digital platforms.
According to the Future of Jobs Survey 2020 of the World Economic Forum (WEF), majority of its survey
respondents plan to accelerate job automation in the coming years, with 43% planning to reduce their workforce
due to technology integration. hence., as overall labor demand decreases, demand for digital workers is
expanding. Workers with advanced digital skills are in high demand, consequently commanding wages
significantly above the average for their economy. Technology has also allowed many employees to work
remotely from home amidst the COVID-19 pandemic.
The table below shows the list with increased and decreased demand based on the survey results gathered by the
WEF.
INCREASING DEMAND
Data Analysts & Scientists Project Managers
AI & Machine Learning Specialists Business Services & Administrations Managers
Big Data Specialists Database and Network Professionals
Digital Marketing & Strategy Specialists Robotics Engineers
Process Automation Specialists Strategic Advisors
Business Development Professionals Management & Organization Analysts
Digital Transformation Specialists FinTech Engineers
Information Security Analysts Mechanics & Machinery Repairers
Software & Applications Developers Organizational Development Specialists
Internet of things Specialists Risk Management Specialists
DECREASING DEMAND
Data Entry Clerks Financial Analysts
Administrative & Executive Secretaries Postal Service Clerks
Sales Rep. Wholesale & Manufacturing,
Accounting, Bookkeeping & Payroll Clerks
Technology & Sci. Products
Accountants & Auditors Relationship Managers
Assembly & Factory Workers Bank Tellers & Related Clerks
Business Services & Administration Managers Door-to-Door Sales, News & Street Vendors
Client Information & Customer Service Workers Electronics & Telecoms Installers & Repairers
General & Operations Managers Human Resources Specialists
Mechanics & Machinery Repairers Training & Development Specialists
Material-Recording & Stock-Keeping Clerks Construction Laborers
SALARY AND WAGE
Salary and Wage refer to payment in exchange for work rendered. However, salary
is widely used for monthly-paid workers, while wage is used for daily-paid workers.
LIFE SKILLS
Life Skills refer to the personal attributes, personality traits, inherent social clues,
and communication abilities needed for success on the job. These skills are not
acquired through academic knowledge or technical acumen. It is sometimes
referred as “soft skills” or “21st Century Skills”.
The World Economic Forum identified the following top skills of 2025:
STRENGTHS WEAKNESS
• English Functional Skill • Teamwork