Label or span for displaying data?

Hello All,

I have a form with a text-area and a submit button.The user can write
one's status in the text-area and click on submit button.After
clicking on the submit button,I want the status to be displayed
immediately on the page.What is the best way to do this in Rails?Does
the label tag solve my problem here? or should I use a span tag?

The piece of code is as follows