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Wednesday, June 11, 2008

 

More Pinoys pessimistic about future – SWS

By Rommel C. Lontayao Reporter

FILIPINOS are not seeing better days in the future, the latest Social Weather Stations (SWS) survey revealed.

The survey, conducted from March 28 to 31, found that while 29 percent of Filipinos remain optimistic of improving their personal quality of life in the next twelve months, the latest net personal optimism, at +6, went down badly from +14 to +29 during September 2006 to December 2007, respectively.

Moreover, 23 percent of Filipinos believe that their condition will only get worse, while 45 percent are expecting that the country’s economy will go down.

Optimism that the Philippine economy will grow, on the other hand, slipped from 17 percent to 15 percent, bringing the Net Economic Optimism score down from –20 in December 2007 to –29 in March 2008.

People from the Visayas notably showed continued pessimism as their net economic optimism fell from neutral –4 in September to –17 in December 2007, and to –37 in March 2008.

It is of the same case in Metro Manila (from –12 in September to –31 in December and –35 in March) and Balance Luzon (from –9 in September to –24 in December and –28 in March).

Mindanao, which has been a hotspot of encounters between Muslim breakaway groups and the military, also felt discouraged along the way with its neutral–3 in September and –8 in December, falling to –21 in March.

Economic pessimism also worsened among class D (from –20 to –33) and class E (from –17 to –24). Classes ABC, however, only registered a slightly lesser negative rating (from –27 to –20).

SWS made it clear that “optimism about the future economy is based on a question about the economy in general and not about oneself in particular,” thus, “it is normal to be more optimistic about one’s own quality of life than about the economy as a whole.”

The latest SWS survey on the optimism of Filipinos about their own future and that of the Philippine economy was conducted using face-to-face interviews of 1,200 adults divided into random samples of 300 each in Metro Manila, the Balance of Luzon, Visayas, and Mindanao.

   

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