Job search site Jobstreet.com said there is an upsurge of demand of Filipino nurses again overseas.
However, due to the “oversupply” issue five years ago, nursing schools mellowed on producing nursing graduates.
“There’s high demand and limited supply (for nurses)… Around three to five years ago, we had an oversupply of nurses so the colleges decreased the number of classes. Now, (those decisions) have taken their toll,” Jobstreet Philippines Country Manager Philip A. Gioca told BusinessWorld.
This is one of the reasons the Department of Labor and Employment (DOLE) saw the need to conduct a survey in the international market for Filipino workers.
DOLE tapped Jobstreet.com to do the market research in order for the Philippines to make adjustments in terms of developments in the world’s supply of talent.”
In this upcoming study, Gioca explained that they will also try to project demand and supply of talent over the next five years.
The study would take six months to complete before it will be released to the public.
It aims to identify which areas of the supply and demand in the different industries are fluctuating in order to determine how to manage occupations.