Essay on Analysis of the Macroeconomic Environment in the Philippines - 569 Words

TOP ESSAY WRITING SERVICES REVIEWS


Rank
Service
General
Prices

1
  • Since 2008
  • Free revisions
  • Money-back guaranty
  • Up to 5% for the first order. Up to 15% for the orders starting from 2nd

from $9.97/pp

visit site

2
  • Since 2009
  • Free title page, revisions
  • Discount policy
  • Satisfaction guarantee
  • More than 100 000 orders delivered

from $9.97/pp

visit site

3
  • Since 2010
  • PhD holding authors only
  • SMS notifications & VIP support
  • Discount policy

from $22/pp

visit site

4
  • Since 2010
  • 24/7 support team
  • More than 500 writers
  • Money-back guaranty
  • Up to 15% discounts

from $9.97/pp

visit site

 

StudyMode - Premium and Free Essays, Term Papers & Book Notes

Products

About

@2017 studym.wressy.com

Exclusive

  1. Home >
  2. Essays >
  3. Analysis of the...

Analysis of the Macroeconomic Environment in the Philippines

Only available on StudyMode Open Document Save to my library

Please sign up to read full document.

Text Preview In the Philippines:
Today, as of the second quarter of the 2013, the Philippines’ sees unemployment at the rate of 7.5%, an increase from the 1st quarters 7.1%. Even with this slight upward movement, the country is still below its average in the past decade of 8.6%.

In the latest results of the April 2013 Labor Force Survey (LFS), the National Statistics Office reported that the number of agricultural workers decreased from an estimated 12.47 million in April 2012 to 11.84 million in April 2013, this, mostly due to extreme weather conditions. Combined with the increase in the number of graduates in 2013, this has contributed to our growing labor force.

The total number of employed persons in April of 2013 is estimated at 37 819 million compared to 37 840 million in April of 2012. While employment in the agriculture sector had dropped, employment in the industry sector and services sector grew by 3.8 % and by 1.9 %, respectively Laborers and unskilled workers comprised the biggest group making up one-third, 32.6 % of the total employed persons. Further statistics show the overall unemployment picture to be the ff: Males make 61.4 % while females, 38.6 % of the unemployed. By age, 15-24 made up 48.2% of the total unemployed, while the age group 25-34, made 30.9%. In education, about one-fifth, 21.3 % of the unemployed were college graduates, 14.6 % were college undergraduates, and 31.7 % were high school graduates.

Minimum wage in the Philippines as of November 1, 2012 to the present is at the highest in the NCR at P456. These can be further segmented into regions and sectors. Overall wages in the Philippines’ has been slightly decreasing (drop 236 index points as of data presented as of 2012). Even with this, we see in a slow decrease in overall wages in the country (Figure 6)

Poverty in the Philippines has shown an upward trend in the past few years moving from 6703 in 2006 to 9385 last 2012. At the same time, the poverty... Show More

Please sign up to read full document.

YOU MAY ALSO FIND THESE DOCUMENTS HELPFUL

POPULAR ESSAYS

Dreams Health Human sexual behavior Essay Windows Vista Essay Solar System Essay Evaluation Essay Business ethics Essay Fourth Anglo-Mysore War Essay

Share this Document

Cancel Send

Join millions of other students and start your research

Become a StudyMode Member

SIGN UP - IT's FREE

Have a great research document you think will help inspire other StudyMode members?

Share your document

Upload Now

Get full access to more research and tools for only 33¢/day

Upgrade your Membership

GET PREMIUM @2017 studym.wressy.com Legal Site Map Advertise studym.wressy.com, Online Education, Hollywood, CA

More great study tools:


{"hostname":"studym.wressy.com","essaysImgCdnUrl":"\/\/images-study.netdna-ssl.com\/pi\/","useDefaultThumbs":true,"defaultThumbImgs":["\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_1.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_2.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_3.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_4.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_5.png"],"thumb_default_size":"160x220","thumb_ac_size":"80x110","isPayOrJoin":false,"essayUpload":false,"site_id":1,"autoComplete":false,"isPremiumCountry":false,"userCountryCode":"NL","logPixelPath":"\/\/smhpix.com\/pixel.gif","tracking_url":"\/\/smhpix.com\/pixel.gif","cookies":{"unlimitedBanner":"off"},"essay":{"essayId":38204104,"categoryName":"Geography","categoryParentId":null,"currentPage":1,"format":"text","pageMeta":{"text":{"startPage":1,"endPage":3,"pageRange":"1-3","totalPages":3}},"access":"premium","title":"Analysis of the Macroeconomic Environment in the Philippines","additionalIds":[3,52,17,9,27],"additional":["Business \u0026 Economy","Business \u0026 Economy\/Organizations","Literature","Entertainment","Sports \u0026 Recreation"],"loadedPages":{"html":[],"text":[1,2,3]}},"user":null,"canonicalUrl":"http:\/\/studym.wressy.com\/essays\/Analysis-Of-The-Macroeconomic-Environment-In-1803099.html","pagesPerLoad":50,"userType":"member_guest","ct":10,"ndocs":"1,500,000","pdocs":"6,000","cc":"10_PERCENT_1MO_AND_6MO","signUpUrl":"https:\/\/studym.wressy.com\/signup\/","joinUrl":"https:\/\/studym.wressy.com\/join","payPlanUrl":"\/checkout\/pay","upgradeUrl":"\/checkout\/upgrade","freeTrialUrl":"https:\/\/studym.wressy.com\/signup\/?redirectUrl=https%3A%2F%2Fstudym.wressy.com%2Fcheckout%2Fpay%2Ffree-trial\u0026bypassPaymentPage=1","showModal":"get-access","showModalUrl":"https:\/\/studym.wressy.com\/signup\/?redirectUrl=https%3A%2F%2Fstudym.wressy.com%2Fjoin","joinFreeUrl":"\/essays\/?newuser=1","siteId":1,"facebook":{"clientId":"306058689489023","version":"v2.9","language":"en_US"}} tracking img