A nation of highly educated workforce may be prone to unemployment issue...
By stiener
@stiener (735)
Singapore
December 30, 2008 2:20am CST
Hi MyLottians,
I am now hunting for a job and feeling the heat in the labour market. As I was actively sending resume to potential employers, I recall something that my parents told me some 12 years ago.
They told me the reason why they would want me to graduate with a degree is to enjoy a better job prospect and less chances of being unemployed. Perhaps when my country was still developing and the number of university graduates were in great demand, getting a bachelor degree mean a promising future.
As the standard of living rose rapidly in my country, more and more people can afford to study in the University. Thus, the supply of graduates increases over the years. Over a decade has passed and I too have a Bachelor's degree, however, I see more competition for a position meant for a degree holder than for one that requires a diploma or skills certificate.
Now I realised that if this trend continues throughout the decades to come, Singapore will soon be flooded with University graduates. If the government does not develop the economy to ensure that there are industries that will take in these graduates, we will soon have a problem of high unemployment rate due to the high qualifications that workers hold. As I have been applying for a job in the past week, I begin to see rejection of application with one striking reason.
"We are sorry to inform you that your application for this position is unsuccessful. We find that you are over-qualified for this position and would like to wish you the best in your career development".
When we begin to see such remarks, it is ironical that one has been rejected for holding a qualification of higher education. It appears that even if one is willing to go for a downgrade, the employer may not take him in.
When this problem magnifies in the next decade, a degree may be losing its value in the local market and Singaporeans may be forced to leave the country to seek their fortunes elsewhere.
In view of this discussion, have your country also experience this problem especially in a time of financial turbulence. Please comment. Thank you for sharing...
3 responses
@frozenimage (464)
• United States
30 Dec 08
Come to America! In America there are many careers to choose from and It is rare to have a job that you are overqualified for unless you plan to work at mcdonalds with a math level of calculus.
@stiener (735)
• Singapore
30 Dec 08
hmm...does that mean that there are many unfilled positions in the labour market of America now? I thought that in the states, retrenchment is a common sight everywhere, the only difference is the scale of it. Maybe the newspaper reports are wrong then. What I think the employers meant by "over-qualified" is the fact that you have applied for a job that requires lessor of what you hold now and employers are not confident to offer you the pay that you may demand. It would be good if an employer can pay the same salary for a staff that is holding a degree rather than just a diploma. It is a bargain. However, the management is concerned that if when the staff is "too knowledgeable", will he start questioning the directions of his superiors.
Imagine that a clerk is holding a Bachelor in Business Administration and his superior (manager) is holding a Diploma in Business Administration. When both parties have experience in this field. Do you think that the manager will be able to make his subordinate follow his instructions? I wonder if there would be a private in the army leading a company comprising of officers in the ranks. I believe that is what the HR would want to avoid. Questioning of instructions. In such a senario, it is also unlikely that the clerk will stay in his position for long. I am just assuming he wouldn't. Maybe I am wrong.
@stiener (735)
• Singapore
30 Dec 08
Well...maybe this factor justify the reason why Singaporeans are leaving the country. If we are all as capable, why should we compete with each other when there are many more opportunities in the foreign land. I am sure one may be greatly appreciated for his talents if he is willing to work abroad?
@sugarbee4mn (17)
• United States
30 Dec 08
When an Associates Degree is required for a customer service position, to make eight bucks an hour, what is it worth? How much education do you seriously need to answer phones? Just imagine what you can make with a Bachelor's degree! I live in an area that is economically challenged to say the least. I have a friend that has two degrees and he has not been able to get a job of any kind. Unfortunately, a degree only has merit if it is in the career market of the day, which changes often. Would you say that someone with an Associates Degree is over-qualified for a customer service position at $8 an hour? I would.
@rosdimy (3926)
• Malaysia
1 Jan 09
The statement that a nation of highly educated work force may be prone to unemployment issue is valid to a certain extent. I believe there are other factors which when taken into consideration reduces the validity of the statement.
If the education system is geared only towards certain aspects then after a certain point new graduates would find it difficult to gain employment. On one hand there are no vacancies in the sector the graduates were trained for. On the other hand they are not really prepared to do work outside their work specification.
Blaming the employer is an easy way out. Many employers look for experience and willingness to work as a team. Based on what is happening in my country many new graduates are proud and arrogant. Because of the high paper qualification they obtained they felt that they are always right. While it is not wrong to give suggestions one should look at what had been done and present the suggestions in a nice way. In a factory in Perak there was once an Operations Manager who graduated from a local university. None of the older workforce had a degree, and he became haughty. Almost every time he wanted to push his point forward he would mention his qualification as justification. One day the supervisor and the other workers decided to play a trick on him. Alarn bells started ringing and production had to be stopped. More than two hours elapsed and this Operations Manager was sweating because he tried everything in the manual without success. They pitied him and inserted a fuse back in without telling him.
In my experience there are employers who are prepared to accept graduates for low qualification jobs but the attitude of these graduates make them give over-qualified as an excuse. I would say our attitude plays a big part in securing a job. As for the country the government should move towards diversification based on available resources.
all the best,
rosdimy
@stiener (735)
• Singapore
5 Jan 09
Hi rosdimy,
I do see your point and I have to agree that paper qualification due not justify one's action to be correct. I too had experience with promising students who fail to win a debate on issues that the know best in their discipline, they either question my position, qualifications or grades. When the time comes to prove them wrong, I can find them nowhere in sight. Certainly, when one have achieve higher acdemic performance or qualifications, some may be blinded by their achievements.
I believe that people from all levels have their value and I stand a chance to learn things from them that are not taught in the classroom. I am from a poor family and my parents who are workers with only a secondary school education. My mother never even get to complete it. Even without much education, they still had knowledge that I have gained from them that have benefited me in my life. As I speak to different people from all walks of life, I get to see a picture formed through multiple perspectives and approaches they adopted. So I have always love to learn from people regardless of who they are and where they come from.
In my resume and cover letters, I have emphasize the fact that I am willing to learn even if it is from the ground level. I am most willing to go for specific training if deemed necessary by the organization. I just hope that this will appeal to the companies that I have sent my resumes to. But I the fact that even if I am willing to, companies may still not accept me for my highest qualification. If I have to apply for a entry level job, I may have to hide the fact that I hold a degree and indicate "A" Levels as my highest qualification. At least the HR of my present company told me that they will not employ degree holders to fill the position of Administrative Officer which is the title I now hold.
There is another area that I have observed that may have affected my chances of applying for a job to match my profile. I will be posting that in another discussion.
You have critically assessed, evaluated and commented on my discussion. Thank you very much for sharing your views and I have indeed benefited a lot from your comments and feedback. I am looking forward to receive your comments in my future discussions and to learn from your experiences. Cheers and Happy MyLotting...
@lockheart (1405)
• Philippines
30 Dec 08
i believe in what you have said. in today's world where we are currently experiencing economic and financial problems.. the most affected in here in terms of working people are those with high degree and experience since they have the power to demand for salaries and benefits, in order for their company to save some budget in their labor force, they are hiring people like fresh graduates and those people that cannot demand of anything to the company.. since our country is not so develop like other countries, this is not issue for us for now...
@stiener (735)
• Singapore
30 Dec 08
Yes...that is happening in my country as well. For as long as the reviewing committee finds that one is replaceable, overpaid and not contributing significantly to the company's developments. They are also likely to be retrenched by the organization. There are many replacements on the streets waiting to take over the job with a lower pay.
With a surplus in substitute workers in the market, the employers will have the bargaining power when it comes to layoff and employment. Thank you for responding and Happy MyLotting...