Stubborn unemployment and employment vulnerability in the midst of economic growth: the Philippine case
Date
2010
Journal Title
Journal ISSN
Volume Title
Publisher
DLSU Angelo King Institute for Economic and Business Studies, Manila, PH
Abstract
Using cross-section data for several years from the Labor Force Surveys and Family Income and Expenditure Surveys, the authors dissected the past two decades into economic growth episodes of 1991-1997 and of 2000-2006 to show the following findings: characterized by a worsening, already high, open unemployment rate, underemployment, and pervasive vulnerable employment unprotected by Labor Code, the Philippine economy presents a bleak picture for workers in marked contrast to the more inclusive nature of the growth episode in the 1990s, before the Asian financial crisis. Some policy options are recommended. Regulation of population growth is of increasing importance as job creation cannot keep up.
Description
item.page.type
Policy Brief
item.page.format
Text
Keywords
EMPLOYMENT SECURITY, UNEMPLOYMENT, UNDEREMPLOYMENT, LABOUR RELATIONS, LABOUR POLICY, PHILIPPINES