El Salvador is Losing its Human Resources

The emigration of six out of seven Salvadorans who have studied for 12 years or more is removing a vital resource for economic performance, preventing improvements to labor productivity in the country.

Friday, April 10, 2015

Up until 2000, 85% of high school and college graduates with twelve or more years of education had migrated, reveals the study 'Measuring the international mobility of skilled workers'. The paper also shows that El Salvador ranks ninth in the list of countries with the highest rates of emigration of highly educated workers, reaching 31.5%.

Elmundo.com.sv reports that "... This translates today into low labor productivity and low economic growth rates in recent years." Given this, the president of the Central Reserve Bank (BCR), Oscar Cabrera, said "... What we must do is to transform this model into a model where we start generating quality employment, where the labor market is not defined by market forces but by the forces of labor productivity ... "

The analyst and former Minister of Economy Hector Dada Hirezi, added "... There is one factor that explains this phenomenon and which we have to look at properly, it is not market forces. This country exports poor people or people on the brink of poverty so that they can maintain the poor, this is the logic of this (economic) model. Normally those who immigrate are people who are willing to assume changes, in other words, the people who are most useful for promoting a change in the economic model of the country are the people we are losing. "



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In Costa Rica most college students crave "fixed and stable jobs" in state enterprises.

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The 10 Most Sought After Jobs in El Salvador

February 2011

Salvadoran firms require skilled labor, engineers and bilingual accounting professionals.

Marco Penado, general manager of Manpower El Salvador, said that human resources in need by businesses do not match with what the universities are producing.

Within the 10 most requested jobs there are:

Salvadoran Government Targets "Local" Development

July 2009

The creation of the Territorial Development Secretary intends to change the country´s municipalities into "development agents".

Héctor Dada, Economy Minister, commented that the new secretary is analyzing studies by the National Development Commission, looking to identify which areas will be developed.

The New Salvadoran Economic Team

May 2009

Federico Colorado, president of the National Association of Private Enterprise, welcomed the appointments announced by the president-elect.

Economist Alexander Segovia will be technical secretary to the presidency, legislator Héctor Dada Hirezi will be Minister of the Economy, economist Carlos Cáceres will be Finance Minister and economist Carlos Acevedo will be president of the Central Bank.

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