• 10.5M filipinos out of work –SWS

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    The number of Filipinos who don’t have jobs swelled to more than 10 million, results of a Social Weather Stations (SWS) survey in the second quarter of the year revealed.

    The SWS defines unemployed as those who are not working, looking for work and available for work.

    The survey, conducted from June 5 to 8 with 1,200 respondents nationwide, placed the joblessness rate at 23.2 percent, or equivalent to 10.5 million Filipinos.

    The figures are 4.1 points higher than the 19.1 percent recorded by the pollster in the first quarter.

    A total of 11 percent or 4.7 million people voluntarily left their jobs while 10 percent or 4.4 million of those surveyed were retrenched.

    Six percent were the so-called “endo” or workers whose employment contract had ended and were no longer renewed.

    The survey has a margin of error of ±3 percent for national percentages and ±6 percent each for Metro Manila, rest of Luzon, Visayas and Mindanao.

    By age, gender
    Joblessness remains higher among women at 31.3 percent or 3.7 percentage points more than the 27.6 percent recorded in the last quarter.

    Among men, 16.9 percent were jobless, also an increase from 12.2 percent in March.
    Joblessness also rose across all age brackets with the biggest recorded among the youngest group.

    The results show 11 percent of respondents who are at least 45 years old were jobless; 35-44 years old group, 20 percent; 25-34 years old, 29 percent; and 18-24 years old, 55 percent.

    SWS, however, also found in the same survey period optimism among Filipinos that work would become available this year eroded three points to a “fair” +17 from March’s “high” 20.

    Thirty-six percent of Filipinos are optimistic that they will find jobs this year, 33 percent said it would stay the same and 19 percent said the number of job opportunities would be slimmer.

    The SWS describes a net optimism score of +30 and above as “very high”; +20 to +29 “high”; +10 to +19 “fair”; +1 to +9 “mediocre”; -9 to zero “low”; and -10 and down “very low.”

    Commenting on the survey results, Malacañang gave assurances that it would continue to pursue initiatives to provide employment for Filipinos and improve their lives.

    “Government continues to address the unemployment problem by creating more job opportunities from the growth and expansion of the economy, intensified vocational and technical training and focusing on priority sectors such as agriculture, infrastructure and tourism,” Communications Secretary Herminio Coloma Jr. said in a text message.

    “We note that while the reported joblessness rate has increased, optimism about job openings has remained relatively high,” he added.

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    4 Comments

    1. Mariano Patalinjug on

      Yonkers, New York
      09 September 2015

      Assuming this unemployment rate for that period is correct, which is reported to be 23.2% or 10.5 million Filipinos, the country can be said to be in crisis! [Compare that to the jobless rate of the United States which is 5.3 %–and you get a good idea of how bad joblessness is in the Philippines.]

      And this jobless rate happens to be in the context of the fact that around at least 1 million Filipinos continue yearly to find jobs as OFWs to any one of 191 countries all over the world.

      This should prove to be a troubling PARADOX for President Aquino and his economic “brain trust” because the country’s GDP has been spurting lately at the impressive annual rate of around 7% [although the latest estimate is that for 2015, the rate of GDP growth may be in the vicinity of a little over 5%.]

      President Aquino and his economic “brain trust” obviously are in agreement with this latest SWS report on joblessness, and promise to do what is necessary to bring that troubling rate of joblessness down.

      I am however skeptical if the economic stimulative measures they have in mind now, assuming they can put these in place within the next election cycle, will work as intended. It is a “promise” they may not be able to keep.

      A fundamental reason why the Philippines is saddled with such a disastrously high unemployment rate–which must be one of the highest in the world!–is that its population continues to explode at a rate which doubles it every 35 years or so, virtually frustrating ALL efforts to make the annual GDP growth absorb even only a good portion of t he number of Filipinos who yearly enter the already-bloated Labor Pool. Unless this exponential rate of growth of the population is drastically tamed to at least “replacement” rate or better, there is no way the Philippines could avoid morphing into a FAILED STATE in the next 20 to 30 years, like Haiti and Somalia.

      MARIANO PATALINJUG
      Lakandula1927@yahoo.com

    2. willie macawili on

      I just cannot accept this unrealistic figure until some issues are clarified. Among those who participated in the survey, how many are unemployed by choice? This question comes to mind as I relate to Filipino family ties and living arrangements. It is not surprising that an employable family member may let go of a job available if the position and pay level is lower than what he is aiming for if other members in the family are providing food and shelter. A new college graduate will take his time to grab a job under the same living condition previously mentioned. Others may just be behaving like parasites, exerting no effort at all to get a job for there a lot of suckers out there. I have two siblings who are small business owners and their main problem is finding serious workers.

    3. optimism about job openings has remained relatively high
      —————————–

      optimism is great when you have nothing else, now confidence would be a better indication that there were jobs available but sadly there are no jobs if there were would millions be leaving the country in search of a job ?

      Of course you can probably take your university degree and get a job at a fast food place working the cash register.