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40% of Filipinos overqualified for job

A RECENT study by the Philippine Institute for Development Studies (PIDS) found that 40 percent of employed Filipinos have academic credentials beyond what is needed in their jobs, and that these Filipinos were only earning 5 percent more for finishing their studies despite being relatively overeducated for their positions.

With the growing number of jobseekers eagerly looking to start and grow in their careers, job mismatches have become normal occurrences despite being a concern in the job market.

Photo shows job seekers in a recent job fair held at Robinsons Galleria South in San Pedro, Laguna last July. According to the Philippine Institute of Development Studies, there is a job mismatch as 40 percent of Filipinos are found to be overqualified in their jobs. PHOTO BY AARON RONQUILLO