unemployment bsa 2-2 (octavio, pentecostes, divinagracia)

7/17/2019 Unemployment BSA 2-2 (Octavio, Pentecostes, Divinagracia)

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UNEMPLOYMENT

Thea May Octavio

Jumelyn PentecostesJan Andriane Divinagracia

BSA 2-2


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UNEMPLOYMENT

-occurs when a person who is activelysearching for employment is unable to

find work.

-a situation where someone of workingage is not able to get a job but would like

to be in full time employment.

-it has been called as the cancer of the

body economics


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Types of UnemploymentDemand Defcient Unemployment. Lack o

AD in economy (e.g. Recession)Structural Unemployment workers lacknecessary skills or geograpical immo!ility

Real "age Unemployment wages a!o#ee$uili!rium%rictional unemployment workers in!etween &o!s

'oluntary Unemployment. workerspreernot to work


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How does unemployment

affect the economy?

Unemployment financial costs

Spending power

Reduced spending power of the employed

Recession


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he negative efect o unemploymentn our society

1. Mental health2. Health diseases3. Tension at home4. Political issues5. Tension over taes rise

!. "nsecurity amongst employees#. $rime and violence%. &uicide cases'. &ocial outing1(.&tigma

11.&tandard o leaving12.)mployment gaps13.*ose o s+ills, usage


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he positive efect o unemploymentn our society

1. -ou are your on /oss 0 can start some/usiness

2. $an manage your time easily

3. *ot o ree time to do everything youant4. Have enough time to clean your house5. &pend more time ith riends and amily


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The unemployment rate is a measure of the prevalence

of unemploymentand it is calculated as a percentage by dividing the

number of unemployedindividuals by all individuals currently in the

labor force. During periods of recession, an economy usually

experiences a relatively high unemployment rate.

nemployment ate

nemployment ate ormula


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According to the definition of the Bureau of Labor

Statistics (BLS),

Employed persons are persons who are:

Aged 16 or older,

Work for an employer or are self-employed,

Not volunteers, and

Not engaged in self-service such as homemaking, etc.

Unemployed persons are persons who:

Are aged 16 year or older,

Are not engaged in any employment (self or otherwise),Were available for job in last four weeks, and

Have made specific efforts to find a job at any time during last four

weeks.


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%irst igest rate

Last lowest rate

Rate o ilippines


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Unemployment rate alls to !.4+A,-LA ilippines / 0e country1s unemployment rate

declined to !.4 percentin April rom # percento te samemont in 2345 te ilippine Statistics Autority (SA) said

0uesday. 6une 7 2348

-L9-L9 :ity ilippines Unemployment rate in "estern'isayas went down to ;.3 percent in 6anuary 2348 rom ;.; percent

a year ago results o te ilippine Statistics Autority


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6hat causes unemployment in the Philippine

Lack o education?ig rate o population

growt or o#erpopulationUna#aila!ility o &o!spro#ided or insu@cient &o!creationLack o in#estors and!usiness


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Lack o education


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8verpopulation


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ilippine Statistics Autority

ilippines Unemployment Rate 4775/2348 Data :art :alendarUnemployment Rate in ilippines increased to ;.83 percent in te tird$uarter o 2348 rom ;.53 percent in te second $uarter o 2348.

Unemployment Rate in ilippines a#eraged =.=2 percent rom 4775 until2348 reacing an all time ig o 4.73 percent in te frst $uarter o 2333and a record low o ; percent in te ourt $uarter o 2345. UnemploymentRate in ilippines is reported !y te ,ational Statistics 9@ce oilippines.

"ndicator 9uly2(15

:pril2(15

9uly 2(14

Bmployment

Rate

7.8 7.; 7.

Underemployment Rate

24.3 4C.= 4=.

La!or %orcearticipation

Rate

;2.7 ;5.; ;5.5

UnemploymentRate

;.8 ;.5 ;.C


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:ctual Previous

Highest

*oest

;ates

nit

re


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-n ilippines te unemployment rate measures te num!er o people acti#elylooking or a &o! as a percentage o te la!our orce. 0is page pro#ides /ilippines Unemployment Rate / actual #alues istorical data orecast cartstatistics economic calendar and news. :ontent or / ilippines UnemploymentRate / was last reresed on Saturday Septem!er 42 2348.

ilippines 6o!less Rate %alls in 6uly

ilippines unemployment rate was at ;.8 percent in 6uly o 2348 down rom;.C percent a year earlier !ut up rom ;.5 percent reported in April 2348. 0efgure eEcludes Leyte Region.

0ere were 2C25 tousand unemployed persons. Among te unemployedpersons ;2.4 percent were males. 0e age group 48 to 25 years comprised83.5 percent wile te age group 28 to 5 27.8 percent. Fy educationalattainment 22.2 percent o te unemployed were college graduates 4.8percent were college undergraduates and .2 percent were ig scoolgraduates.

+eanwile te num!er o underemployed was =247 in 6uly. +ore tan 83percent worked or less tan 53 ours a week and =. percent worked in teagriculture sector wile 55.2 percent were in te ser#ices sector. 0ose in teindustry sector accounted or 4C.; percent.

-n 6uly o 2348 tere were 74C5 tousand employed persons. 88.8 percent

worked in te ser#ices sector 2=.3 percent in agriculture and te remaining4;.8 percent in industry.


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Unemployment Rate !y Region(percent)


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unemployment bsa 2-2 (octavio, pentecostes, divinagracia)

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