In Nicaragua there is an oversupply of young professionals who have postgraduate studies, but who lack the work experience that the companies require.
Generally companies demand professionals with masters degrees when they need to occupy high-level positions, where work experience and goals achieved in previous positions are the main differentiating factor.One of the problems that stands out in Nicaragua is the presence of a lot of young professionals with masters degrees, but who lack experience that is specifically demanded the contracting companies.
In Costa Rica most college students crave "fixed and stable jobs" in state enterprises.
EDITORIAL
The words "fixed" and "stable" are not exactly what you would expect to hear from young twentysomethings, supposedly eager for challenges, opportunities and adventures.However, in Costa Rica, a survey carried out by Universum indicates that most college students are looking for a job for life in a state institution.
A professional degree used to be a guarantee of social mobility and prestige, but the current labour market pays little for some of them.
The labor market can be compared to the commercial market. Salaries are defined by the evolution of supply and demand. When supply is greater than demand, salaries are lowered and when demand is greater than supply, wages rise.
Faced with the offensive represented by Barack Obama's immigration reform project , Central American countries must strengthen their own policies in order to retain their most valuable and scarce human capital.
Elnuevoherald.com reports that " President Barack Obama's immigration reform plan includes a large increase in visas for foreign students graduating in science and engineering, which will pose a huge challenge for China, India and Latin America: these emerging countries will have to get their act together if they want to retain their best brains, or suffer the highest brain drain in recent history. "
Experience and professional background are once again being sought in the labor market.
According to laestrella.com.pa, "Gray hairs are valuable once again," commented Pablo Bernard, country manager for Spencer Stuart. Like with Bernard, many high level personnel selection firms have started the year attending a growing demand for experienced and capable executives to deal with the difficulties that will arise during the next few months.