The Grey Chronicles

2009.October.13

JobStreet Employee Confidence Index



When I opened my inbox this morning, JobStreet was happy to announce that I was one of the “lucky” few to have been selected for their three-per-year JobStreet Employee Confidence Index (Philippines), usually conducted January, May and September. I was surprised that this month is already in the middle of October, thus how on earth would I be happy when I was invited to answer a three-question survey in between cut-off dates!

Yet, given the opportunity, I happily obliged, just for the sake of contributing. Upon submission of my answers, the web page was redirected to JobStreet Survey Results.

In that page, JobStreet explained:

JobStreet Employee Confidence Index is a measure of employee’s confidence in the job market. It ranges from zero (very poor) to 100 (very good). A low index shows a tough job market where many people find it difficult to find a job. A high index shows a comfortable job market where many people are able to secure a good job. The index fluctuates with time — its trend is an important indication to the production and economic development of the nation.” [Emphasis added.]

JobStreet Employee Confidence Index (Philippines)The question asked was: What are the CHANCES of securing a reasonable job in the Philippine job market today?

The survey result also displayed two charts, reproduced herewith, showing that for this month (I am guessing October, and not September), JobStreet Employee Confidence Index (Philippines) is 48.3, wherein 0 = Very Poor and 100 = Very Good. Thus, I conclude that for this month, the Philippine Employee Confidence Index, is so-so.

Noteworthy is the fact that four out of ten female employees had overwhelmingly declared that for this month there is good to very good chance of securing a job; almost the same as the responses of surveyed male employees, but only two out of ten male employees answered good chance.

About 41.53% of male employees thought that there is bad to very bad chance of securing a reasonable job this month; while 34.09% of female employees had similar assessment.

Generally, a quarter of those interviewed believe that the chance of securing a reasonable job is neutral. Possibly, these respondents are happily and gainfully employed. The word reasonable, however, was not qualified, but JobStreet might have meant that the job offers appropriate economic benefits commensurate to the applicants’, i.e., respondents, qualifications.

JobStreet Employee Confidence Index (Philippines) 2000-2009A very small chart displayed the JobStreet Employee Confidence Index trend from January 2000 to May 2009.

It should be recalled that Joseph Estrada was President beginning 1999 until Gloria Macapagal-Arroyo took the Presidency on 20 January 2001. In addition, the low level during this time might have been the effect of 9/11 terrorism.

Looking at the graph, it seemed that employee confidence index had risen from the 30-level mark to as high as 60 in January 2008. During the current global economic crises, i.e., which probably began on June 2007, the employee confidence level in securing a job in the Philippines remained high. Yet, with this month’s result at 48.3, the index hovering between 50 to 60 from May 2006 to May 2009 would drastically drop. Is this the gloomy effect of the crises?

Recall: On the occasion of her 100th day in office, President Gloria Macapagal-Arroyo unveiled her Medium Term Development Program (MTPDP). The MTPDP would be the road map to realize her 10-Point Program presented in the catchword: Beat The Odds? The O meant “Opportunities for livelihood and ten million jobs”


Notes:

Graphics taken from JobStreet Survey Results.

Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 LicenseDisclaimer: The posts herein do not necessarily represent any organization’s positions, strategies or opinions. Read the full version of self-imposed rules for this blog: A New Year; New Rules. Unless otherwise expressly stated, the posts are licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Comments are moderated to keep the discussion relevant and civil. Readers are responsible for their own statements.

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