So far this year, interest in distance education services in Central American markets has clearly increased, with Guatemala, Costa Rica, Panama and Honduras being the countries that have registered the greatest increases in interactions associated with the topic.
Through a system monitoring changes in consumer interests and preferences in Central American countries in real time, developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets operating in the region.
Shorter university degrees that focus on technical areas and the new requirements of the productive sector are some of the changes that will be part of the new reality of the education business.
In this context of radical changes caused by the covid-19 crisis, new labor trends will require the development of competencies, such as entrepreneurship, agility, adaptability and service mentality, digital skills, food, telecommuting and home-based businesses, health and hygiene, e-commerce, new distribution and logistics models, information technology and robotics.
In Costa Rica, "of the 126,000 students graduating with technical qualifications, between 2014 and 2016, the vast majority gained the lowest level qualification."
EDITORIAL
Figures from the most recent report on the State of Education in Costa Rica, continue to show serious deficiencies in the education system, not only at the technical and university level, but, even worse, in Primary school, where basic concepts that will serve as a foundation for secondary and university education are supposed to be consolidated.
In Panama four out of ten companies failed to find the ideal candidates when they needed them.
Data from Manpower reveals that worldwide the talent shortage is around 40%, in Colombia it is 50% and in Panama 36%.Monica Flores, president of the group for the region, said that"... 'we have overvalued degrees and university titles, when what is needed today are professionals and specialised technicians'."
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.
Seven out of ten entrepreneurs in Costa Rica would be willing to implement training programs for young people in the academic-work placement format.
A statement from the Costa Rican Union of Chambers and Associations of Private Enterprises (UCCAEP) notes that"...72% of employers would be interested in launching training programs under the dual mode and 83% said they already have accepted into their businesses students or trainees for internships or professional work experience."
Dual education is a system which corrects the permanent discrepancy that exists between centralized education and labor supply, reducing youth unemployment and increasing the productivity of economies.
EDITORIAL
The use of professional training is the foundation for the success of Germany's productivity, and has been adopted in most European countries, with particular strength in Austria and Switzerland. In Germany it has helped the country to maintain a low rate of youth unemployment and has ensured a supply of technical experts for their companies and from this the competitiveness of the German economy has increased.
"... Some of the professions reserved for national citizens are chemical engineering and petrochemicals, careers which are not offered by any university in Panama. "
EDITORIAL
Acting as a backdrop to the contradiction between migrant's human right to work and the need to reserve jobs for nationals, is the upkeep of competitiveness and economic development of each country.
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.