UNMPLOYMENT

PRESENTED BY:

CATURAS, JADE

BOLINA, ROLANI

GATUMBATO, JONAH GRACE

MM 2-6

Unemployment

occurs when people are without work and actively seeking work.

Effects of Unemployment

*Increase in crime rate such as robbery just to feed their families.... *Women abort children during pregnancy*Children are forced to stop school and work*Parents are forced to leave their children and work abroad*More poor people sleep at squatters*More people die*Malnutrition *Rate of beggars increase*Food decrease*People rallies outside the governments office

Why Unemployment Is A Problem?Unemployment has been a problem for every country in this and last century. In earlier times when people lived on their farmsin countryside there was no unemployment. There was always something to work on.  Also, in all ex - communist countries there was no unemployment, but in most workplaces there were 3 or more people working even if only worker was needed. This type of situation is called hidden unemployment and causes inefficiency.

What are the most important reasons for this happening?

1) Not enough jobs.

2) Mismatch between skills needed and skills workers actually have.

3) Mismatch in location of companies and workers.

Solutions used by the Government1) Full development of small-scale, labor-

intensive industries.2) Choosing appropriate labor -intensive

technologies of production.3) Creating a more direct link between

education and employment.4) Reduce rural migration.5) Remove capital intensive bias.6) Employment strategy package.

Statistical updatePhilippines Unemployment

Rate 1994-2015Unemployment Rate in

Philippines increased to 6.50 percent in the third quarter of 2015 from 6.40 percent in the second quarter of 2015. Unemployment Rate in Philippines averaged 8.82 percent from 1994 until 2015, reaching an all time high of 13.90 percent in the first quarter of 2000 and a record low of 6 percent in the fourth quarter of 2014. Unemployment Rate in Philippines is reported by the National Statistics Office of Philippines.

Philippines Jobless Rate Falls in JulyPhilippines unemployment rate was

at 6.5 percent in July of 2015, down from 6.7 percent a year earlier but up from 6.4 percent reported in April 2015.

There were 2,724 thousand unemployed persons. Among the unemployed persons, 62.1 percent were males. The age group 15 to 24 years comprised 50.4 percent, while the age group 25 to 34, 29.5 percent. By educational attainment, 22.2 percent of the unemployed were college graduates, 13.5 percent were college undergraduates, and 33.2 percent were high school graduates.

Meanwhile, the number of underemployed was 8,219 in July. More than 50 percent worked for less than 40 hours a week and 38.3 percent

worked in the agriculture sector, while 44.2 percent were in the services sector. Those in the industry sector accounted for 17.6 percent. 

In July of 2015, there were 39,174 thousand employed persons. 55.5 percent worked in the services sector, 28.0 percent in agriculture and the remaining 16.5 percent in industry. 

The labor force participation rate fell to 63.0 percent from 64.4 percent a year ago.