Unemployment Rate in the Philippines from 2002 to 2011

by Gil on February 27, 2012

Employment from a company is one of the sources how people earn money so that they can use it for everyday living. Moreover, employment from a reputed and popular company is the dream of many college students because they knew it will bring high pay and benefits.

Sadly to say, not all will get employment or even a decent job even if you graduated from college because of lack of employment in our country. It is one problem that has been there for many years and many presidents have already passed and the problem is still there.

Perhaps, you know that it is even harder to get employment if you didn’t finish college. Because of too many competitions with very low job creation in our country, unemployment rate is somewhat increasing from time to time. It is also the reason why many Filipinos choose to work abroad and look for the “greener pasture” outside the¬†Philippines.

unemployment

If you are looking form some data about the unemployment, underemployment and employment rate in the Philippines from 2002 to 2011, you can see it in the following table. The information below comes from the National Statistics Coordination Board.

Household Population 15 Years Old and Over by Employment Status
July 2002 – October 2011

Period Labor Force Participation Rate Employment Rate
(In %)
Unemploy- ment Rate
(In %)
Underemploy- ment Rate
(In %)
Jan 2011p/ 63.7 92.6 7.4 19.4
Jan 2010 64.5 92.7 7.3 19.7
Jan 2009 63.3 92.3 7.7 18.2
Jan 2008 63.4 92.6 7.4 18.9
Jan 2007 64.8 92.2 7.8 21.5
Jan 2006 63.8 91.9 8.1 21.3
Jan 2005 66.1 88.7 11.3 16.1
Jan 2004 67.3 89.0 11.0 17.5
Jan 2003 65.7 89.4 10.6 16.1
Jan 2002 66.4 89.7 10.3 15.9
Oct 2011p/ 66.3 93.6 6.4 19.1
Oct 2010 64.2 92.9 7.1 19.6
Oct 2009 64.0 92.9 7.1 19.4
Oct 2008 63.7 93.2 6.8 17.5
Oct 2007 63.2 93.7 6.3 18.1
Oct 2006 64.0 92.7 7.3 20.4
Oct 2005 64.8 92.6 7.4 21.2
Oct 2004 66.5 89.1 10.9 16.9
Oct 2003 67.1 89.8 10.2 15.8
Oct 2002 66.2 89.8 10.2 15.3
Jul 2011p/ 64.3 92.9 7.1 19.1
Jul 2010 63.9 93.0 7.0 17.9
Jul 2009 64.6 92.4 7.6 19.8
Jul 2008 64.3 92.6 7.4 21.0
Jul 2007 63.6 92.2 7.8 22.0
Jul 2006 64.7 92.0 8.0 23.5
Jul 2005 64.6 92.3 7.7 20.5
Jul 2004 67.2 88.3 11.7 17.6
Jul 2003 67.0 87.4 12.6 20.7
Jul 2002 67.1 88.8 11.2 17.1
Apr 2011p/ 64.2 92.8 7.2 19.4
Apr 2010 63.6 92.0 8.0 17.8
Apr 2009 64.0 92.5 7.5 18.9
Apr 2008 63.2 92.0 8.0 19.8
Apr 2007 64.5 92.6 7.4 18.9
April 2006 64.9 91.8 8.2 25.4
April 2005 68.1* 87.3* 12.7* 26.1
April 2004 69.0 86.3 13.7 18.5
April 2003 67.1 87.8 12.2 15.6
April 2002 69.9 86.1 13.9 19.6

 

After careful checking of the figures, you will clearly see that the unemployment rate is not really going down. In some years, it is going up and other years, it is going down. There’s no definite trend on how the rate is going.

I wish the government will create a strong plan or project that will focus more on job creation in the country. The Filipinos need more jobs so that they will not go abroad and leave their family behind.

 

Image Credit: winnond

{ 1 comment… read it below or add one }

cee jay July 11, 2014 at 1:52 am

TODAY, unemployment is not a failure, but rather an opportunity to be a FREEMAN! There’s an online data research and encoding job for you to EARN and enjoy time with your family and loved ones. For more details, kindly visit http://www.unemployedpinoys.com/

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