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

Labor and the Economy Our ability to compete as a nation demands a fresh approach to public education. We need to recognize that a 21 st century education is the bedrock of competitiveness and the engine of the economy.

Labor and the Economy Why 21 st Education?

Labor and the Economy 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

Labor and the Economy 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

Labor and the Economy

3. Two Achievement Gaps - global achievement gap: among students and their international peers in competitor nations

Labor and the Economy Framework for 21 st Century Learning

Labor and the Economy

Framework for 21 st Century Learning

Labor and the Economy 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

Labor and the Economy

Philippines

Labor and the Economy

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

Labor and the Economy 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

Labor and the Economy 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

Labor and the Economy Education and Migration Migration – educated people tend to migrate to cities or abroad because of job opportunities and income differences

Labor and the Economy Statistics

28 November Multigenerational 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% 30.86% 37.91% 42.20% 49.66% 21.09% 22.92% 45.50% 28.21% 24.31% 52.26% 37.48% 39.79% 43.30% 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% AustraliaChinaHong KongIndiaIndonesiaSouth Korea MalaysiaPhilippinesSingaporeTaiwanThailandTOTAL Year 2000Year 2030Year 2050 Watson Wyatt’s Asia Pacific Workforce Study, 2006

Labor and the Economy 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

Labor and the Economy 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

Labor and the Economy 94.1 Mpopulation 26.5%poverty ratio 72 y/olife 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

Labor and the Economy Enrollment LEVEL Pre school911,899961,3971,002,2231,175,1011,474,644 Elementary13,006,64713,145,21013,411,286 13,686, ,934,172 Secondary6,298,6126,363,0026,506,1766,763,8586,806,079 Tertiary2,483,2742,604,4492,654,2942,625,3852,770,965 TOTAL22,700,73223,074,05823,573,979 24,250, ,985,860 *Department of Education *Commission on Higher Education

Labor and the Economy Summary of Tertiary Graduates by Discipline Discipline GroupAY BUSINESS ADMIN. AND RELATED102,399 MEDICAL AND ALLIED70,755 EDUCATION AND TEACHER TRAINING69,895 ENGINEERING AND TECHNOLOGY47,844 INFORMATION TECHNOLOGY43,328 SOCIAL AND BEHAVIORAL SCIENCE13,112 AGRICULTURAL, FORESTRY, FISHERIES, VET MED.12,647 MARITIME11,960 MASS COMMUNICATION AND DOCUMENTATION4,906 HUMANITIES4,705 NATURAL SCIENCE4,270 LAW AND JURISPRUDENCE3,326 GENERAL3,226 SERVICE TRADES2,762 ARCHITECTURAL AND TOWN PLANNING2,692 FINE AND APPLIED ARTS2,209 MATHEMATICS2,019 TRADE, CRAFT AND INDUSTRIAL1,887 RELIGION AND THEOLOGY1,389 HOME ECONOMICS1,043 OTHER DISCIPLINES18,797 TOTAL425,171

Labor and the Economy What’s Next?

Labor and the Economy DepEd ICT4E Strategic Plan Enhancing Curriculum Empowering Teachers, Administrators, Officials and Students Strengthening Schools, Governance and Management

Labor and the Economy

What’s in it for all of us?

Labor and the Economy 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

Labor and the Economy WIIFM? Employees – Higher wages – More likely to find reemployment – Lower unemployment rate

Labor and the Economy Education – In Summary

Labor and the Economy Actors in Play Learners – Students – Workers – Citizens Providers – Educational Institutions – Employers – Labor Unions – Government/Public Sector

Labor and the Economy 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 21 st 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?