Unattractive income in the Philippines lead to skilled laborers working abroad: Scientist, Engineer, Farmer, Electrician, Plummer, you name it. Philippines positioning itself to be a developed country could slow it down due to a low incentives and wages.
The Government right now is allocating tens of billion pesos in TESDA to train those unskilled workers, hoping to fill workers gap in the ongoing infrastructure projects which amount to around 8 trillion pesos budget.
But the good news is within year 2020, fifty percent of labor force would be millennial generation ages 20s to 30s; this will be a game changer in the economy, It's gonna be a reasonable investment hub to those foreign investors and entrepreneurs.
