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POVERTY

A DARK SPOT IN HUMANITY

DEFINITION OF TERMS

POVERTY- A state or condition in which a person or community lacks the financial resources and essentials to enjoy a minimum standard of life and well-being that's considered acceptable in society.

DEFINITION OF TERMS

POVERTY INCIDENCE It is the number of households having an income below the poverty threshold , to meet basic food needs and non-food

POVERTY THRESHOLD- The minimum level of income deemed adequate in a particular country

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DEFINITION OF TERMS

SUBSISTENCE INCIDENCE - It is the minimum income required to meet basic food needs and satisfy the nutritional

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DEFINITION OF TERMS

UNEMPLOYMENT- Condition of a person who is able to work, is actively seeking work, but is unable to find any.

TYPES OF POVERTY

ABSOLUTE POVERTY RELATIVE POVERTY MODERATE POVERTY ULTRA POVERTY VOLUNTARY POVERTY

ABSOLUTE POVERTY The World Bank defines extreme poverty as living on less than U.S$1.25/day.

RELATIVE POVERTYIt views poverty as socially defined and dependent on social context, a measure of inequality

MODERATE POVERTY- Which income/day is less then $2 a day.

ULTRA POVERTY- Receiving less than 80% minimum caloric in take whilst spending more than 80% of income in food

VOLUNTARY POVERTY- Poverty is considered a necessary or desirable condition, which embraced in order to reach certain spiritual, moral, or intellectual states.

CAUSES OF POVERTYDIRECT CAUSESUnemploymentLack of food and facilitiesExcessive breedingDebtsLack of financial, investing and shares trading knowledgeOverspendingAccess to education and medicineCatastrophes

CAUSES OF POVERTYPRIMARY CAUSESCorruptionLabor standardsLack of Control of Local ResourcesLack of democracy in a countryLack of inclusivenessInsufficient Law and orderLimited property and personal property rightsNot allowing businesses to keep most of their profits

CAUSES OF POVERTYHISTORICAL CAUSESColonialismSlaveryWarConquest

EFFECTS OF POVERTYSOCIALHigh Infant Mortality and Annual Death RateIncrease in hygiene and diet related diseases Increased rate of homeless peopleNation's tourism trade Impact on the affected childrens development, both physically and mentallyChildren from poorer backgrounds lag at all stages of education.

EFFECTS OF POVERTYPOLITICALIncreased Crime RateIncreased risk of warMass emigration of populationGenocideTerrorism

WORLD POVERTY STATISTICAL UPDATESTotal Percentage of World Population that lives on less than $2.50 a day 50%Total number of people that live on less than $2.50 a day 3 BillionTotal Percentage of People that live on less than $1.25 a day 1 BillionTotal percent of World Populations that live where income differentials are widening 80%Total Percentage of World Income the richest 20% account for 75%Total Number of children that die each day due to Poverty 22,000Total Number of People in Developing Countries with Inadequate Access to Water 1.1 billion Total Number of School Days lost to Water Related Illness 443 million school days

Year Ratio of People at Poverty to Wealthy Level 2013 88 to 1

STATISTICAL UPDATES ON POVERTY IN ASIA

THE EXTREME POVERTY RATE - 20.7% in 2010

$1.25 POVERTY RATE - Would decline to 1.4% in 2030, and could be eradicated (World Bank)

$1.51 POVERTY LINE - Raises Asias poverty 20.7% to 30.5%

THE VULNERABILITY-ADJUSTED POVERTY LINE- Adds about 11.9 percentage points to Asias poverty rate in 2010

STATISTICAL UPDATES ON POVERTY IN THE PHILIPPINESPOVERTY INCIDENCE AMONG FILIPINOS - 25.8 % based on the 2014 APIS conducted in July 2014

STATISTICAL UPDATES ON POVERTY IN THE PHILIPPINESSUBSISTENCE INCIDENCE AMONG FILIPINOS - 10.5 % in the first semester of 2014

POVERTY AND UNEMPLOYMENTUnemployment leads to financial crisis and reduces the overall purchasing capacity of a nation. This in turn results in poverty followed by increasing burden of debt

Common in the less developed economiesDue to the global economic recessions, the developed economies are also facing these challenges in the recent times

WORLD UNEMPLOYMENT RATES DUE TO POVERTY

WORLD UNEMPLOYMENT RATES DUE TO POVERTY

WORLD UNEMPLOYMENT RATES DUE TO POVERTYYEARTOTAL UNEMPLOYMENT RATEMALE UNEMPLOYMENT RATEFEMALE UNEMPLOYMENT RATEYOUTH UNEMPLOYMENT RATEMALE YOUTH UNEMPLOYMENT RATEFEMALE YOUTH UNEMPLOYMENT RATEADULT UNEMPLOYMENT RATEMALE ADULT UNEMPLOYMENT RATEFEMALE ADULT UNEMPLOYMENT RATE

20136.0 5.8 6.4 13.1 12.8 13.5 4.6 4.3 5.0 20146.1 5.8 6.5 13.2 12.9 13.6 4.7 4.4 5.1

ASIAS UNEMPLOYMENT RATES DUE TO POVERTY (2014)AreaTOTAL UNEMPLOYMENT RATEMALE UNEMPLOYMENT RATEFEMALE UNEMPLOYMENT RATEYOUTH UNEMPLOYMENT RATEMALE YOUTH UNEMPLOYMENT RATEFEMALE YOUTH UNEMPLOYMENT RATEADULT UNEMPLOYMENT RATEMALE ADULT UNEMPLOYMENT RATEFEMALE ADULT UNEMPLOYMENT RATE

South Asia4.0 3.7 4.8 10.4 10.1 11.0 2.5 2.3 3.3 East Asia4.7 5.3 3.8 10.5 12.1 8.5 3.7 4.3 3.1 South-East Asia and the Pacific4.3 4.1 4.4 13.3 13.1 13.5 2.3 2.2 2.5

PHILIPPINES UNEMPLOYMENT RATE

UNEMPLOYMENT RATE IN PHILIPPINES 6 %

PHILIPPINES UNEMPLOYMENT RATE

MALES- 65.2 %

THE AGE GROUP 15 TO 24 YEARS OLD - 49.4%THE AGE GROUP 25 TO 34 - 30.2 %

COLLEGE GRADUATES - 21.6 % UNDERGRADUATES - 13.5 %HIGH SCHOOL GRADUATES 33.3 %

THE NATIONAL CAPITAL REGION - 9.8 % CENTRAL LUZON - 7.4 % CALABARZON - 7.1%

TOP 20 COUNTRIES WITH HIGHEST UNEMPLOYMENT RATES DUE TO POVERTY

TOP 20 COUNTRIES WITH HIGHEST UNEMPLOYMENT RATES DUE TO POVERTY

Zimbabwe - has high rates of unemployment due to bad governance.Nauru - as the second for its stagnant economy and unstable administration.Liberia - ranked as third because of the effects of civil war. - historically Liberias focus on poverty is because of its corruption, political, social, and economic exclusions and class system witch imposed to its masses.

EMPLOYMENT INSTABILITY IN REGIONS OF THE PHILIPPINESPhilippine regions that boast relatively low levels of unemployment may also suffer from relatively high incidences of poverty. And vice versa regions with relatively high rates of unemployment may enjoy relatively low levels of poverty.

TOP 5 REGIONSNCR10.3CALABARZON9.23. Central Luzon8.74. Davao Region6.95. Western Visayas6.9BOTTOM 5 REGIONSCagayan Valley3.2Zamboanga Peninsula3.53. MIMAROPA4.1SOCCSKSARGEN4.45. CAR4.5

REGIONAL STATISTICS ON UNEMPLOYMENT: 2013

- Largely a problem of the youth (48.5% of unemployed in 2013)- Rate more than twice the national rate- Educated workforce (college graduates at around one-fifth of the unemployed)

GLOBAL YOUTH UNEMPLOYMENT RATE RISINGOne of the reports major findings is the worldwide unemployment rate among 15 to 24-year-olds of 13 percent, or 74 million youths, is set to rise.

TOP TEN SOLUTIONS TO POVERTYCreate jobsRaise the minimum wageIncrease the Earned Income Tax Credit for childless workersSupport pay equityProvide paid leave and paid sick daysEstablish work schedules that workInvest in affordable, high-quality child care and early educationExpand MedicaidReform the criminal justice system and enact policies that support successful re-entryDo no harm

FINSubmitted by :Bacabac, CatherineBuhayan, CarolynPabelico, Princess EricaReyes, SarhaSalarda, JessaSerna, CristinaMLS 2-D