2. 1. Employed – person in the labor force who were reported either at
work or with a job or business although not at work
2. At work – those who did some work, even for one hour during the
reference period
3. Industry – the nature or character of the business or enterprise or the
place wherein a person works.
4. Labor force – the population of 15 years old and over who contribute
to the production of goods and service in the country it includes
thos who are either employed or unemployed.
5. Underemployed – employed person who expressed the desire to have
additional hours of work in their present job.
6. Underemployed, invisible – person employed at full-time jobs who still
want additional work.
7. Underemployed, visible – employed person who worked less than 40
hours during the reference week and wanted additional hours of work.
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3. e
Philippine Employment
3
The Philippine Employment is in a mixture of positive and negative accounts. In the past year
in the beginning of the term of former president Benigno Noynoy Aquino III have placed the
country in a better position according to the global competitiveness report (GCR) of 2015 -
2016 of the world Economic Forum.
Philippines has an improved Global Competitiveness Index (GCI). Philippine ranked 47th out
of 140 countries and made a big jump from 52 spot in the GCI in 2014.
4. •
f
d
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The National Wages and Productivity
Commission (NWPC) is a government
attached to the Department od Labor and
Employment. The agency was created in
1989 as a result of Republic act no. 6727,
which aims to develop a mechanism to
determine the minimum wage in all the
regions in the country
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1. Education mismatch – can be equated to the relevance of degree
pr.ograms offered in the country to the needs of the labor market. Degree
that meet that demand of the labor marked are referred to as labor market-
appropriate degrees. These degrees shows the alignment of degree
programs that the education system of the country is offering and the
current state of the labor market.
6. Causes of unemployment
Frictional unemployment
is the result of workers searching for
new employment or transitioning from
their old jobs to new ones. It can also
be referred to as “natural
unemployment,” because it is not
directly related to factors that lead to an
underperforming economy.
•
d
Inadequate and Talents
Inadequate skills and talents pertain to the lack of
training and preparation of filipinos who are looking
for jobs.
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7. ADD A FOOTER 7
Labor code of the Philippines, also known as
the decree no.442 became effective on
November 1,1974, the state shall afford
protection to labor, promote full employment,
ensure equal work opportunities
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30%
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20%
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