Posted 25 February 2012 - 07:22 AM
it's getting worse and worse..
Also exports are declining, Philippines is selling less and less to other countries, and population is still growing...
These are not all official figures, true or not... but many people living in Philippines have no jobs, and this is for sure...
Unemployment among adult Filipinos has increased to 24 percent, with some 9.7 million Filipinos without jobs as of December 2011,
The December survey is a slight deterioration from the unemployment rate of 22.9 percent in June 2011.
Unemployment was highest in the 18-24 age group — at 49.1 percent. Among those aged 25-34 years, unemployment was at 29.9 percent.
Philippine export revenues posted a 20.7-percent drop in December, dragging the 2011 full-year figures down by 6.9 percent, the National Statistics Office said Friday.
"Export earnings in December 2011 continued to decline by 20.7 percent from $4.201 billion recorded in December of previous year to $3.332 billion,” the NSO noted in a report.
Japan was the largest buyer of Philippine-made goods, accounting for 18.9 percent of total exports, followed by the US and China. Other top markets were Hong Kong, Singapore, Korea, Netherlands, Thailand, Taiwan and Germany.
Posted 04 March 2012 - 06:27 AM
Another guy is a trained electrician and even has his Master Electrician card. He has stars in his eyes, seeing big money and prestige, until it is time to actually get a real job. Then it is offers on par with a 1 year TESDA training electrician. The pie in the sky stories of double or more a regular electrician's monthly pay evaporate when he is ready for work. Oh, he will get a job, to be sure, since he does have real skills that are necessary. There is work here in the Philippines. But for little or marginally educated, it is not a bright future.
Posted 12 October 2012 - 12:31 AM
... unemployment in Greece will continue to rise. The economy has shrunk by around a fifth since the recession started in 2008 and youth unemployment has pushed far above 50 percent.
1.26 million Greeks were out of work in July, with more than 1,000 jobs lost every day over the past year. In the worst-affected 15-24 age group, unemployment was 54.2 percent.
It seems, the situation in Greece for young people is even worse than in Philippines...54.2 percent jobless young people?
We are approaching difficult times worldwide it seems. No improvements so far.
Posted 12 October 2012 - 05:21 AM
- "Global unemployment is still more than 30 million higher than before the crisis"
- "nearly 40 million more women and men have stopped looking for work"
- "around a third of the more than 200 million unemployed around the world are under 25"
- "Of those employed, 900 million women and men are unable to earn enough to lift themselves and their families above the $2 a day poverty line"
Also tagged with one or more of these keywords: jobless, philippines
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