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