Philippines Data Analytics Sector Labor Market Intelligence Report

Abstract

This labor market intelligence report provides a holistic overview of the supply, demand, and mismatch of skills in the Analytics labor sector of the Philippines. With the aim of informing skills trends and supporting growth of the labor market amidst the Fourth Industrial Revolution coupled with implications brought by the global pandemic, this report also presents an initial attempt in extrapolating the Philippine analytics workforce, with backcasted and forecasted projections from 2010 to 2028. Through a mixed-methods research, the study examined various quantitative, qualitative, and big data sources to understand the interplay of supply and demand for skills, and to provide corresponding key insights and recommendations intended to guide the Analytics Association of the Philippines, as the established Skills Sector Council, create an inclusive skills development roadmap.

The report highlights the need to standardize the definitions of Analytics roles, leveraging the framework proposed by the Analytics Association of the Philippines. We discuss the need for more specialized Analytics courses, the production of more instructors, Analytics as a distinct sector from IT-BPM, and the prospect of professional licensing and certification for the sector. We also highlight existing trends that promote the development of the Analytics labor sector such as women participation, work from home arrangements, online learning, the emergence of Analytics communities, and the impending importance of Data and AI Ethics.

Keywords: data analytics, data science, data engineering, data steward, big data, machine learning, artificial intelligence, labor, Philippines, analytics association of the philippines

JEL Classification: J11, J21, J31, J44