TUESDAY, MARCH 17, 1992
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MANPOWER SUPPLY AND REQUIREMENTS IN 1990S
TO
THE NUMBER OF WORKERS WITH TERTIARY EDUCATION IS PROJECTED INCREASE FROM 9.3 PER CENT OF THE TOTAL MANPOWER SUPPLY IN 1990 TO 11.7 PER CENT IN 1996, ACCORDING TO THE FINDINGS OF A REPORT "MANPOWER OUTLOOK IN THE 1990S".
ON
THE
THE REPORT IS THE SECOND MANPOWER PROJECTION CONDUCTED BY EDUCATION AND MANPOWER BRANCH AND UPDATES THE FIRST PROJECTION, WHICH WAS COMPILED IN 1990.
THE LATEST STUDY SHOWS THAT OUT OF THE 2,741,000 WORKERS IN 1990, 253,000 WERE AT TERTIARY EDUCATION LEVELS.
OF
ABOVE
THIS COMPARES WITH 2,951,800 WORKERS PROJECTED FOR
1996, WHOM 345,900 WILL POSSESS EITHER SUB-DEGREE OR FIRST DEGREE AND QUALIFICATIONS.
IT ALSO REVEALS THAT OUT OF 222,900 GRADUATE MANPOWER IN 1996, 103,500 PERSONS WILL BE NEW ENTRANTS TO THE WORKFORCE BETWEEN 1990 AND 1996.
THESE NEW ENTRANTS ARE MADE UP OF 42,400 LOCAL GRADUATES, 38,600 OVERSEAS GRADUATES AND 22,500 IMMIGRANTS/RETURNED EMIGRANTS.
WHILE THE MANPOWER SUPPLY AT HIGHER EDUCATIONAL LEVELS IS INCREASING, THE NUMBER OF WORKERS WITH LOWER SECONDARY OR BELOW LEVEL OF
EDUCATION IS EXPECTED TO DROP FROM 59.9 PER CENT OF THE MANPOWER SUPPLY RECORDED IN 1990 TO 56.6 PER CENT OF THAT IN 1996.
AS REGARDS THE REQUIREMENT PROJECTION, A SPOKESMAN FOR THE EDUCATION AND MANPOWER BRANCH SAID TODAY (TUESDAY) THAT DEMAND FOR BETTER EDUCATED WORKERS WOULD ALSO GROW RAPIDLY.
HE NOTED THAT EMPLOYMENT WOULD CONTINUE TO SHIFT FROM MANUFACTURING SECTOR TO SERVICES SECTOR AND AT A FASTER PACE THAN IT WAS PREVIOUSLY PROJECTED.
"IN THE 1990'S PROJECTION, MANUFACTURING EMPLOYMENT WAS PROJECTED TO DROP BY 1.3 PER CENT YEARLY. BUT THE RATE OF DECLINE IS NOW REVISED TO TWO PER CENT PER ANNUM BETWEEN 1990 AND 1996, OR BY A TOTAL OF 80,000 WORKERS.
"DURING THE SAME PERIOD, TOTAL EMPLOYMENT IN SERVICES INDUSTRIES WILL INCREASE BY 2.5 PER CENT A YEAR, AS COMPARED WITH ONLY. 1.3 PER CENT IN THE PREVIOUS PROJECTION," HE SAID.
HE ADDED THAT THIS WOULD GIVE AN EMPLOYMENT
276,000 WORKERS IN THESE INDUSTRIES,
GROWTH OF SOME
THERE WILL ALSO BE A GENERAL UPGRADING OF THE OCCUPATIONAL STRUCTURE WITHIN INDIVIDUAL INDUSTRIES, SHIFTING THE EMPLOYMENT DEMAND IN FAVOUR OF HIGH-SKILLED WORKERS.
/FOR THE
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