2. Introduction Our country faces problems like any other country in the world. Poverty, crimes left unsolved, environmental issues, etc. Most of these were easy to solve if it was immediately prevented. But these were not prevented, and many more problems stemmed from this. One of this problems is unemployment. But what is unemployment?
3. Unemployment, as defined by the International Labour Organization, occurs when people are without jobs and they actively looked for work within the past four weeks. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labour force. Another definition, an economic condition marked by the fact that individuals actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total individual work force. The level of unemployment varies with economic conditions and other circumstances.
12. Fractional Unemployment -occurs when people voluntarily leave one job in search of a different job. These people are unemployed because they are temporarily between finding a suitable job.
36. Government can provide tax incentives to company for restructuring their organization to accommodate disabled people.
37. Conclusion The more probable cause of unemployment in the Philippines is the unavailability of jobs provided. With a growing population of about a 8 million, millions needed jobs and only few can sure provide one. The lack of investors and businesses that could provide good jobs for the Filipino people is one key factor in the growing unemployment in the Philippines.But probably, one cause of unemployment in the Philippines may be lack of education. With the increasing demands of the fast developing world, it is really hard to find jobs when you are not a graduate of a particular skill or course. Though the Philippines is a literate country, its not enough to be able to reach the qualifications of most in-demand jobs because even mere sales ladies nowadays are required to have at least 1-2 years in college. We are facing a competitive world and its a must to reach the norms of development. Thus, a high educational attainment, which most Filipinos lack, is one way to uplift the unemployment rate of the country.
38. Thank you! Presented By: Ilisan. Christina Pauleen Ginez, Abbigail Jane Embudo, Monique Rochelle Hilao, Renz Fredrick Hernandez, Paolo Augustus Fua, Mark Jayson Madlangbayan. Jose Ernesto
