Professionals in the Philippines is the fifth most optimistic country in the world and second most optimistic after those in Indonesia in Southeast Asia.
The LinkedIn Opportunity Index 2020 showed three-quarters of the Filipinos continue to be positive about achieving opportunities while 64 percent believe the country’s economic conditions will be in their favor and get better in the next 12 months.
The survey also showed 73 percent believe they will be in a better financial position in the next 12 months.
Two in five of those surveyed hope to start their own business, one of the highest proportions compared to the rest of the other global markets.
The research surveyed over 30,000 respondents in 22 markets globally, including 1,068 in the Philippines.
The survey showed good health is a top priority among Filipino professionals. This explains why respondents are giving high l importance to jobs that offer good work-life balance.
But the report reveals different opportunity gaps for other age groups. For example, age is a challenge for young people with insufficient work experience (25 percent of Gen Z), and those who struggle with the lack of confidence (22 percent of Millennials). The study also noted that globally, younger generations tend to be more positive about accessing and achieving opportunities, compared to older generations.
However, in the Philippines, Gen Z are the most uncertain about their prospects. They have cited the environment, education, and health as the issues they are most concerned about.
The research also points out that age becomes a bigger hurdle as one gets older. A higher proportion of Gen X and Boomers cited difficulties in overcoming it, as compared to Gen Z and Millennials.