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Philippine Gov't Concerned on Rising Underemployment |
| Source: |
news.xinhuanet.com |
| Source Date: |
Tuesday, September 18, 2012 |
| Focus: |
ICT for MDGs
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| Country: |
Philippines |
| Created: |
Sep 24, 2012 |
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The Philippine Department of Labor and Employment (DOLE) on Tuesday raised concern on the increasing number of underemployed Filipinos.
DOLE Secretary Rosalinda Baldoz noted that under the latest labor force survey (LFS) conducted in July, there were 8.546 million underemployed persons in the country, or 22.7 percent of the working population, an increase of 1.451 million from a year earlier.
"One indicator in the July 2012 LFS that seriously concerns us at the DOLE is the rising number of underemployed persons. These are employed persons who want additional hours of work in their present job; or who want to have additional job; or who want a new job with longer working hours," she said.
Baldoz said that the increase in underemployment rate occurred largely among wage and salary workers in private establishments where most of the employment expansion during the quarter had been materialized.
But except for the underemployment rate, all the other LFS indicators showed that the country's unemployment rate is within its target range of 6.8 percent to 7.2 percent for 2012, the DOLE chief said.
The unemployment rate eased from 7.1 percent in July 2011 to 7. 0 percent in July 2012, as the survey indicated.
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