The Manila Times

Top Stories

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

 
 
 

Wednesday, June 18, 2008

 

Number of jobless nearly 3 million

By Darwin G. Amojelar, Reporter

Nearly three million Filipinos, led by college graduates, were out of jobs as of April on a slumping domestic economy during the first three months of 2008, the government reported on Tuesday.

The economy, as measured by gross domestic product (GDP), grew 5.2 percent from January to March, compared with 7.5 percent during the same period last year. GDP is the total value of goods and services produced in a country in a year.

In its latest Labor Force survey, the National Statistics Office said the number of jobless Filipinos stood at 2.9 million, higher by 200,000 than the 2.7 million recorded last year.

The unemployment rate in January to April 2008 was 8 percent. It was 7.4 percent during the same period in 2007.

Of the total 2.9 million unemployed Filipinos, about 40 percent of them were college-level, and 14 percent elementary-school level. Unemployed high-school level Filipinos comprised 45.3 percent, with 32 percent of them high-school graduates.

More males were unemployed, 62.5 percent, than females, 37.5 percent. For every 10 unemployed Filipinos, five were in the age group 15 to 24 and three, in the age group 25 to 34.

The statistics office said three regions recorded double-digit unemployment rates, with Metro Manila registering the highest at 13.8 percent. The two other regions were Calabarzon (referring to the provinces of Cavite, Laguna, Batangas, Rizal and Quezon) at 10.3 percent and Central Luzon at 10 percent.

Of the estimated 57.7-million population 15 years and over in April 2008, 36.4 million were in the labor force. This number placed the participation rate in the labor force at 63.2 percent, lower than last year’s rate of 64.5 percent.

The total employed population as of April this year numbered 33.5 million. Almost half or 49.6 percent of the employed were in the services sector, 35.5 percent in the agriculture sector and 14.9 percent in the industry sector.

Among the various occupation groups, laborers and unskilled workers comprised the largest group, making up 32.6 percent of the total employed population in April 2008. Farmers, forestry workers and fishermen ranked second with 17.3-percent share of the total employed population.

Employed persons fall under any of three categories: wage and salary workers, own-account workers and unpaid family workers.

Of the total 33.5 million employed Filipinos, more than half or 52.8 percent were wage and salary workers mostly working for private establishments. The statistics office said wage and salary workers are those who work for private households, private establishments, the government and government corporations and those who work with pay in own-family operated farm or business.

It added that those working for the government or government corporations accounted for 8 percent of the total employed and 4.7 percent were workers in private households. More than one-third or 34.7 percent of the total employed persons were own-account workers, with self-employed workers registering the highest share, 30.1 percent, of the total number employed.

The statistics office said the number of unpaid family workers were about 12.5 percent.

It added that the number of underemployed persons as of April this year was estimated at 6.6 million or 19.8 percent of the total number employed, higher than last year’s 18.9 percent during the first four months of 2007.

The underemployed were found mostly in the agriculture sector, registering at 46 percent, followed by the services sector, 38.5 percent and the industry sector, 15.5 percent.

About 57.5 percent of the underemployed were part-time workers or had been working for less than 40 hours a week.

   

Phgifts

philflora.gif

Manila Times Friends

 
Sponsored Links
 

Back To Top

 
 
 

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin.

  

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: