Over 250 companies will be participating in the said job fair including top ones such as San Miguel Corporation, IBM, Philippine Long Distance Telephone (PLDT) Company, JP Morgan and Chase, and Ayala Land Corporation. These companies need to fill up more than 158,600 job vacancies during the two-day job fair.
JobStreet.com estimates that 50% of these job vacancies are for those who have one to four years work experience, followed by 30% of vacancies for fresh graduates and all others who have only less than one year work experience. About 15% of the job vacancies are for those with five years and up (supervisory level) work experience and the rest are for managerial and other executive positions.
“This means that our jobs at the fair are indeed for those who are in youth bracket, those that are aged 18 to 30 years old,” says Yoda Buyco, marketing manager of JobStreet.com. “Indeed, this is our best response to the challenge hurled by the International Youth Day Celebration;
In a study conducted for the Joint Programme on Alternatives to Migration: Decent Jobs for Filipino Youth, it was noted that “unemployment in the country is largely concentrated among young workers which in 2010 comprised more than half (1.460 million or 51.1%) of the total unemployed.
This is further seen in the study conducted by JobStreet.com among its pre-registered jobseekers who will attend the event. At present, the said leading job site has received over 50,000 online pre-registrations for the event and the numbers continue to rise as the job fair nears. Based on work experience metrics, 45% of those who wish to try their luck at the fair are those with one to four years of work experience; 20% are those who are currently holding supervisor level or with five years or more work experience; and 17% are fresh grads and those with less than one year work experience.
“This job fair is indeed too big to miss for our Filipino jobseekers. For the past six months, we have experienced the growth of unemployment in the country. The graduation season plus the repatriation of our overseas Filipino workers early this year have brought about the increase. But we, at JobStreet.com do not look at these factors as stumbling blocks for the country, but rather as challenges to proceed with our mission, to improve lives through better careers,” Grace Colet, JobStreet.com’
Consequently, the International Youth Day Celebration will be held on August 12, during the first day of the JobGantic Career Fair, but at the second level of SMX Convention Center. No less than President Benigno Aquino III shall be the keynote of the said event.