Philippines employment situation analysis

作者：Share Agent 2022年11月1日

[PHILIPPINES, 2022] When the Philippines president Gloria Macapagal Arroyo came to power, he announced the rectification of order, cutting away poverty and revitalizing unemployment as a policy program.

According to the Philippine Bureau of Statistics, the Philippines in October last year, the unemployment rate reached 6.8%, and 17.5% of the workers belonged to "not fully" employed. Judging from the relevant data that has been announced, the employment situation of the Philippines was the following characteristics:

1. The service department provides the most employment opportunities. Among the employment population, 14.3million people have employed the service department, 47.2% of the total number of employees, an increase of 0.2 percentage; the agricultural department absorbed 11.31million people, 37.4% of the total number of employees, which was the same as last year. The department provided 4.67million positions, 15.4% of the total number of employees, a decrease of 0.2 percentage.

2. Small and medium-sized enterprises have created about 70% of employment positions.

3. The Philippine population, the employment population, and the unemployment population have increased, but the increase in the labor population exceeds the rate of increased jobs, so the unemployment rate has increased.

4. The unemployment population was 3.42million, an increase of 15,000 from the previous year, and the unemployment rate was 10.2%, which was deteriorating from 9.8% in the same period of the previous year.

5. The hidden unemployment or the population of unemployment is 4.63 million, 15.3%of the total labor population, an increase of 1.3 percent over the same period last year. These people are in a state of half-work and half-rest, and most of them are engaged in temporary simple labor, and the risk of unemployment is greater.

6. The unemployment rate in this area reaches double digits. They are Wikang Tagalog region (11.7%), Central Asia Bisaya region (11.2%), Luzon Island (10.8%), and Icarus (10.3%).