The increasing number of graduate unemployment has been a serious alarm in different countries around the globe. However, it is a significant issue for developing economic growth of the nations. Since Thailand joined the ASEAN community, there are numerous research studies that shown Thailand’s economy and labor market has been decreasing steadily. According to Nguyen’s (2015) study, Thailand need to reconstruct the education system nationwide and improve the capabilities of finding careers that match to employees’ study backgrounds. In addition, over the past few decades, graduated from the higher education levels is becoming the growing tendency in Thailand. According to the World Bank data (2010), there are Thai students more than 48% who …show more content…
In contrast, as Bill Gates stated "The key to the job market is far more this education dilemma...our jobs mismatch is an education problem". Nowadays, there are numerous amount of mismatch between the graduates field of study and job and overeducate in the labor market. Wolbers (2003) study on the effects of major-job mismatch on the labor market positions of school-leaver. He explored that school- leaver who are mismatched job usually obtain in the lower job levels than those who are matching job. Furthermore, he also discoveries that the school-leavers who are mismatched jobs have more possibly to search achieve more jobs and have a higher participation in vocational training. In the same line of research, Bruwer (1998) examined the impact of graduates' education on their job placement, job satisfaction, career advancement, earnings and intellectual development. He established the questionnaire and sent it to example of 3208 who had graduated from the Cape Technikon, South …show more content…
In this generation, we all noticed that English is an international language which is useful in labor market. For people who have good English communication skills, they mostly get a good career. In Thailand, according to the survey of the World Bank(2006), it has shown that Thailand has an insufficient English proficiency which is 64 percent of 1,043 companies. Moreover, according to the report from the Education First Institute ranked (2013), Thailand placed at the 55th position out of 60 countries surveyed on the English proficiency index. Dr.Krissanapong Kirtikara, a vice chair of Thailand's Quality Warning Foundation stated "Reports show that people with greater English proficiency have higher income". He suggests that Thailand must develop and improve English-teaching standards in order to step up in the Asian Economic
In 2008, the Bureau undercounted the number of postsecondary educated workers roughly by 22 million people. Carnevale adds his opinion on how to reconcile the BLS projections with real life, “is to assert that the Bureau’s projections reflect the number of college degrees employers actually require, not the actual numbers of college educated workers they decide to hire” (Carnevale 370). This statement help show his opinion is backed up by
Whereas the author, David Leonhardt, explains, “Is College Worth It”. It discusses the fact that as the economy grows, so does the technology developments; it is important for college graduates to pursue careers that will help them in the long run. A college education is essential for the economy and the student itself as it will allow them to pursue a career that will benefit their lives. Having no college degree will affect a person’s career in the future. In the economy today, workers strive to perform their best when it comes to having a raise, so that they can support themselves or their loved ones.
Education – An investment and stewardship Benjamin Franklin once said, “An investment in knowledge pays the best interest”. However, in today, some people opine that college education is a worthless investment and waste of time. Against this opinion, law professor, Rodney K. Smith, in his USA Today essay in December, 2011, “Yes, A College Education Is Worth The Costs,” analyzes the importance of education in providing people with job and benefits. His first goal is to raise awareness of the correlation between the educational attainment and income as well as unemployment rate.
“The dream of a land in which life should be better and richer and fuller for every man, with opportunity for each according to his ability or achievement (Adams 1).” A 2002 study found that 17% of student loan borrowers reported their loans had a significant impact on their career plans.13 Today, after the economic downturn, ASA’s survey suggests that number has nearly doubled, as 30% of respondents said their student loan debt was a deciding factor or had considerable impact on their choice of career. In addition, 52% said they either strongly or somewhat agreed with the statement that their “need to pay student loan debt is hampering my ability to further my career.” One ASA survey respondent commented, “I need to have two jobs because of my student debt, and I cannot take employment opportunities that will not make enough money, regardless of the potential that they may have in the future (American student assistance 5).” Relates to definition because they need to have 2 jobs to be able to pay off student debt.
People being educated can be a great influence to people in today’s society. Charles Murray believe that a college degree is like a “a price ticket for employees”. The two reasons Murray says is that “employees do not value what students learned, just that the student has a degree” the other reason is “employees do not even look at applicants who have no college degree”. College is beneficial and plays a big part because we can gain more knowledge and learn how to be a responsible young adult and about our own
This theory is about career decision marketing and development based on social learning. Career decisions are the product of an uncountable number of learning experiences made possible by encounters with the people, institutions and events in a person’s particular environment. Krumboltz propose that people choose their careers based on what they have learned. The four main factors that influence career choice are genetics influences, environmental conditions and events, learning experiences and task approach skills. Genetic influences are inherited rather than learned such as physical appearance.
Education: “Higher Education was the privilege of the few, and even upper secondary education was denied to the majority of young people in many countries” (“Fifty Years”). “Today, the great majority of the population completes secondary education. One in three young adults has a tertiary degree” (“Fifty Years”). The importance of education has increased over the years, and has become a number-one priority and/ or main focus moreso today than in the 1960s. Due to this increase, there have been more people attending college, and more opportunities have come out of this better education.
Anyone in this situation or one who knows someone in this situation can understand the anger and many other feelings that graduate is left with. Moving on, Murray positively suggests that society will adapt to the reality of things like cost, time of education, and job market. Using ethos, Murray presents Bill Gates and Steve Jobs being “exemplars” of success with their skill, rather than a college degree. He goes on to say “Every time that happens, the false premium attached to the college degree will diminish.” (679)
Delbanco explains how students have changed their reasons for attending a college when he states, “...yet on the assumption that immersing themselves in learning for the sheer joy of it, with the aim of deepening their understanding of culture, nature, and, ultimately, themselves, is a vain indulgence” (222). Secondary education has become too expensive for learning to be an indulgence. Students only go to college to get a degree in order to gain a high paying career. Davidson explains how dire the situation with low paying job is by saying how the process should work, “Only through productivity growth can the average quality of human life improve” (339). Unfortunately, the productivity growth only leaves a bigger pay gap.
The authors of the book Decision Making for Student Success express that, “A college degree has become strongly associated with having a successful life, due largely to higher earnings and the ability of a college degree to open doors to a variety of occupations and careers” (Baum 114). This means that people with a college degree are more likely to have a successful life because they are presented with more job opportunities that earn higher incomes. In “Where College Fails Us,” the author, Caroline Bird questions whether or not college is the best option after graduating from high school. Bird supports her writing with evidence by exploring multiple career fields, the expenses of college, and the quality of education depending on the student.
On the other hands, ignore that someone can learn from different blue-collar jobs. For example, for some people they need school to learn the steps of solving a math problem, but other people can look the problem in figure out the ways it work. Students has two choice in life how to be successful; first finish school have e better job and educated or go straight to work learn from your boss and co-workers. Both of them equality is the same whether some students go to school or work it’s depends on the person to become
Authors should also include more about that college degree do not give job. It only helps you find a job that person would not do and it is not sure that when a person has a college degree then the person will have the job. In the article, authors should include that when a person to get the job he needs a college degree to make his profile better. Authors should more include about financial aid information and describe to the students and parents. In the article authors include everything why should students invest in college but authors did not present any data or description on how much college cost to finish in four years or in six years.
By reflecting upon personal, work and school experiences, this paper has provided evidence of my personal progress since the beginning of my bachelor. Using a critical reflective approach has allowed me to recognize my mistakes and lacks of and reflect on them as well as learning how take advantage of my strengths. Using the CareerEDGE model and the NTU Graduate Attribute Matrix to structure this report, I have identified several key learning points; • I have identified relevant opportunities for my upcoming master degree. • I have now, a deeper and clearer understanding with regards to global openness and global mindset. • I have acknowledged ways I can continue to progress and improve my skills and attributes in order to reach a full employability potential.
In today’s world where the survival of the fittest is the norm, it has become critical to sharpen soft skills along with hard skills. Soft skills play a vital role in the success of an organization and therefore, their significance cannot be overlooked in this age of information and technology. Considering the fact that during the last decades, the role of soft skills for a successful career has increased notably, it is of high importance to acquire adequate soft skills beyond technical knowledge and expertise. There is infinite growth in well-paying job opportunities due to liberalization, privatization and globalization. However, an infinite number of fresh graduates are produced every year, but there is a lack of employable graduates since
The education system produces skills that are not valued by employers, while raising the expectations of those who acquire them. Consequently, the unemployed do not take up existing job vacancies, and employers are unwilling to hire available candidates (Njonjo, 2010). The mismatch is more marked for school leavers and graduates who have just finished school, partly providing an explanation for the high unemployment rate among youth and new entrants into the job market. The suggested remedy is to reform the education system and increase focus on technical education and vocational training, matching them to the needs of the job market (Coenjaerts et al. 2009).