Philippines Employment Situation Analysis

[Philippines, 2022] When the Philippines President Gloria Macapagal Arroyo Came to Power, he anNound the RECTIFICATION of Order, Cutting Away Poverty and Rev Rev Rev Italizing unployment as a polished program.

According to the Philippine Bureau of Statistics, The Philippines in October Last Year, The UNEMPLOYMENT RACHED 6.8%, and 17.5% of the Workers Beelong to " OT FULLY "EMPLOYED. Judging from the Relevant Data that has been Announded, The Emplayment Situation of The Philippines WAS The Follow Characteristics:

1. The Service Department Provides the Most Emplayment Opportunities. AMONG the Employment Population, 14.3million Peopile Have Emplayed The Service DEPARTMENT , 47.2% of the topal number of employees, an increase of 0.2 percentage; the agricultual department absorbed 11.31million people, 37.4% of the topal number of employees, which was the same year. The department provided 4.67million public, 15.4% of the topal number of employees, a de CREASE of 0.2 Percentage.

2. Small and Medium-Sized Enterprises have created about 70% of the Employment Positions.

3. The Philippine Population, The Employment Population, and the UNEMPLOYMENT POPULATION HAVE Increased, But the Increase in The Labor Population Exceeds The. ATE of increased jobs, so the unemployment rate has increased.

4. The UNEMPLOYMENT POPULATION W. An increase of 15,000 from the previous year, and the UNEMPLOYMENT RATE WAS 10.2%, Which Was Deteriority % in the same thing of the previous year.

5. The Hidden UNEMPLOYMENT or The Population of UNEMPLEMENT IS 4.63 Million, 15.3%of the topal labor population, an increase of 1.3 Percent Over the Same Period L AST Year. These people are in a state of half-work and half-rest, and most of the engaged in tempoary simple labor, and the risk of unployment is greatr.

6. The UNEMPLOYMENT RATE in this this area reaches dipe digits. They are wikang tagalog region (11.7%), Central Asia Bisaya Region (11.2%), Luzon Island (10.8%), AN d Icarus (10.3%).