By Leslie Ann Aquino

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The Department of Labor and Employment JobsFit 2022 Labor Market Information Report has revealed the top 10 key employment generators for the years to come including: information technology and business process management; wholesale and retail trade; transport and logistics; manufacturing; construction; agribusiness; banking and finance; hotel, restaurant and tourism; education; and health and wellness.

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Key Employment Generators refer to major industry groups with the greatest potential to generate employment and absorb bulk of the workforce in the years to come.

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A total of 95 in-demand occupations were also identified in the report, namely, administrative clerk, bartender, design engineer, factory worker, virtual assistant, engineers, among others.

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Fifty-four occupations that were listed as hard-to-fill are 2D echocardiography technician, air duct worker, chemical engineer, geologist, statistician, and others.

According to DOLE, in-demand occupations refer to active job vacancies posted or advertised recurrently by and across establishments while hard-to-fill occupations refer to job vacancies to which the employer or company is having difficulty or taking longer time to be filled because job applicants are not qualified or there is no supply of job applicants for the particular job vacancy.

The report also listed 100 cross-cutting in-demand and hard-to-fill occupations including accountant, architect, civil engineer, dietitian, forester, laboratory technician, and mason.

The labor department said an occupation can be classified as both in-demand and hard-to-fill when advertised or posted recurrently by industries and the recruitment process takes a certain period of time to hire a suitable individual.

DOLE presented the report in Manila on December 17.

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The Department of Labor and Employment (DOLE) Bureau of Local Employment (BLE) during its 3rd Northern Mindanao Career Advocacy Congress on 17-18 September 2015 in Cagayan de Oro City urged Career Guidance Counselors to introduce to students the career path in Agribusiness and other key employment generators in the country.

BLE Director Dominique R. Tutay said that children must be exposed to these kinds of career opportunities wherein they do not just become agriculturist but also become entrepreneurs by going up the value chain in manufacturing agriculture products, thus earning more.

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She said that food is very basic and critical in order to develop and sustain the country. We must harness Agribusiness otherwise we just keep on importing from neighbouring countries, she said.

Based on the labor force survey from July 2014 to July 2015, youth unemployment rate increased almost 1% from 15.8% to 16.4% whereas it was declining from 2010 to 2013.

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Meanwhile region 10 labor force decreased from 2,076 in 2014 to 2,022 in 2015.

In fact, Tutay said that youth composes half of the unemployed population where 50.4% or 1.351M youth from 15-24 years old while 46.3% or 1.241M from ages 25-54 years old do not have jobs.

She said that based on the labor market information report from 2013 – 2020, key employment generators include Agribusiness, Mining, Manufacturing, Power, Construction, IT-BPM, Health and Wellness, Hotel, Restaurant and Tourism Wholesale and Retail Trade, Banking and Finance, Transport and Logistics, Ownership, Dwellings and Real Estate and Education.

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Meanwhile, emerging industries include renewable energy and shipbuilding.

Key employment generator is a major industry group with great potential to generate employment and absorb bulk of the workforce in the years to come. Meanwhile, emerging industry is an industry group growing at a rate faster than the economy and exhibiting potential to grow and prosper, thus capable of generating a large number of new and fresh employment.

She said that it is important to know what is in the labor market especially in making decisions for their career. Windows 10 pro product key generator.

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Tutay said that DOLE together with the Department of Education (DepEd), Philippine Regulations Commission (PRC), Department of Science and Technology (DOST), Commission on Higher Education (CHED), Public Employment Services Office (PESO) and Technical Education and Skills Development Authority (TESDA) have convergent programs on Jobs-Skills Matching particularly in K to 12, Philippine Qualifications Network, Career Guidance Advocacy Program and Enhanced PhilJobNet with the support of the Networks of Career Guidance Counselors in region 10.

She also urges the youth to check PhilJobNet online athttp://www.phil-jobnet.dole.gov.ph/to find jobs and may download its app on mobile. A total of 1.5M companies are registered in the system. Job seekers can also search for job fairs in their area, Top Jobs and Top Hiring Companies. (JMOR/PIA10)