Only 25% of graduates from Costa Rica 's National Institute of Learning managed to obtain a job in the specialty in which they supposedly were trained.
Two articles in Nacion.com warn of the very serious situation that is affecting not only young people who are wasting their time studying what will not help them get a job, but also that demand from companies for trained personnel is not being satisfied either, diminishing the competitiveness of the Costa Rican economy, and bringing down the aforementioned superiority of the country's human capital over the rest of the region.
Lack of technically skilled labour is forcing some companies to bear the cost of training their employees.
Food technology and industrial electronics courses haven arisen precisely in response to the needs of the private sector, which increasingly needs employees with technical training.This was explained to Elnuevodiario.com.ni by Berta Mayela Quintanilla, "... Director General of Fundación Victoria, an organization authorized by the Inatec to offer mid-level technical courses."
More workers who speak a second language are needed in order to continue growing in terms of attracting investment.
The arrival of international companies engaged in outsourcing services shows an upward trend in Nicaragua, but the main obstacle to greater growth is the lack of potential employees who speak and write two languages.
Behind a veneer of luxury websites of supposed online universities, lucrative networks sell certifications that contain endorsements from even the US State Department.
An article published by The New York Times reports on investigations carried out on the subject, apparently leading to a Pakistan-based organization which is dedicated to running a multi-million dollar business offering tailor made university diplomas, as well as renewal of knowledge and experience - real or not, by enrolling its customers in fictitious courses.
Starting April chambers of commerce in the region will be providing free training on phytosanitary controls, management at border posts and customs procedures for exporting firms.
From a statement issued by the Chamber of Commerce of Costa Rica:
With the training of 8000 construction workers the guild seeks to improve the quality of the workforce and prepare to meet the demand from projects announced by the government and private industry.
The worker training sessions will be conducted jointly by the Nicaraguan Chamber of Construction (NCC) and the Technological Institute (Inatec), and will begin with the training of 8000 workers over a period of 4 months.
The Euroforum 2014 program will provide technical assistance on issues such as labeling, packing and packaging, distribution and logistics as well as the preparation of commercial offers.
The education of children and young people must be the appropriate in order to fit into a labor market that gets more competitive dayby day or to start their own businesses.
From a statement by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP):
PISA tests show that the wealthiest students in Costa Rica know less math than the poorer students from various countries.
EDITORIAL
Globalization advances inexorably and the Foreign Trade Agreements signed between nations are strengthening its effects. In this environment, the amount of competitiveness that economies manage to achieve is key to determining who will be more or less poor, or more or less rich.
More jobs and less poverty is the refrain of Central American politicians, while they say little or nothing about education, without which there are no jobs nor wealth generation.
EDITORIAL
Even in Costa Rica, where its educational system during the past century allowed the country to reach higher development levels than its neighbors, education is not a priority issue in the election campaign which is in full swing, despite the fact that the Costa Rican public education system is visibly losing more and more students as parents are increasingly opting for private schools and colleges in order to try to secure a decent future for their children.
With assistance from the U.S. businesspeople are working on an educational proposal based on responding to the specific needs of each community.
An article in Elnuevodiario.com reports that "Ensuring skilled labour for new investment projects to be implemented in Nicaragua is part of the educational objectives of the so called "Community College" format, which a U.S. delegation led by the Assistant Secretary of U.S. Commerce Walter Bastian, presented yesterday to the private sector."
On December 4th Fitch Ratings will hold a conference entitled 'Challenges and Opportunities for Structured Finance and Infrastructure in Central America and the Caribbean.'
Securitization of Assets, an Option for Capital Markets in the Region, is one of the subjects to be discussed in the event's agenda. Participants will include Marielena Garcia, SVP of Investment Banking at MMG Bank Corp, Alberto Gutierrez, president of Titularizadora Colombiana, John Rauschkolb, General Manager La Hipotecaria and Diego Torres, vice general manager of BHD Valores Puesto de Bolsa.
Over the next few years, Central America must direct significant flows of investment towards modernizing its economic and social infrastructure.
In this process, it will be extremely important that there is active participation of professionals from various disciplines in planning, designing and implementing innovative management and financing models which encourage the development of industry and which channel of public and private capital into projects for power generation, roads, railways, ports, airports, water systems, hospital infrastructure and education, among other things.
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