Jobs - Too many or too few?

I'm getting a little confused these days with all these reports. There are several of workers particularly in the Philippines being laid off because of contracting businesses. Export companies are letting their people go, certain contractors are allegedly not paying their workers their salaries. Department of Labor and Employment has announced the possibility of six thousand more people losing their jobs over the next few months. With big shot Intel shutting down early in the year, I guess many will follow.



Then again there are these reports that the BPO industry is requiring four thousand workers a month with a total of 110,000 job opportunities to open this year! Is this for real? Or is this just media playing with everybody's heads?

There is some obvious alignment necessary here. I understand that these are primarily very different sectors. So there may be a canceling out of growth opportunities for the country as a whole as people just move from one industry to another.

But then again, that isn't easy. Workers who are let go from a particular industry will have to adjust and re-educate themselves to move to another industry. That is why we have specialization right?

"Voice positions remain the bulk of vacancies we are filling up but we are starting to get an increasing number of manpower requests for back-office positions too. These include accounting and finance practitioners, graphic designers, and bilingual candidates, to name a few,” ExcelAsia President Rita Trillo-Ugarte said.

"Individuals with export, retail, or electronics industry backgrounds will fit into most of our clients' needs," Trillo-Ugarte said. "They can handle a huge variety of accounts since some clients require IT experience, while some require sales or retail background. For example, workers from the export industry can capitalize on the work experience they gained in terms of liaising with offshore clients and supervising quality control."

I guess if you don't pick and choose then there is a lot to choose from