PHILIPPINE POPULATION

Let us now look at the Philippine population statistics in

order to relate population growth to the growth of our
labor supply and to the demands for goods and services.
This will also help us analyze why the prices of basic
commodities have been increasing.

The Philippine census is an official count of the

population of a certain local administrative unit in the
Philippines. The population is enumerated every 5 years.
Year Population Urban Pop (%)
The population of the republic
2019 108,106,310 44.4%
of the Philippines reached
more than 100 million of
2018 106,512,074 44.4% people in 2014, registering an
increase of 2.0% versus the
2017 104,918,090 44.4% previous year. The population
of the Philippines represents
2016 103,320,222 44.4% 1.38% of the worlds total
population.
 We can see that from 2000 to 2005, which are the census years, population
increased by approximately 8 million Filipinos. In 2005 to 2010, the increased
was approximately 9 million Filipinos. From 2010 to 2015, it is estimated that
close to 9 million Filipinos will be added to the total population.

 It is logical to say that more Filipinos mean more mouths to feed; thus,
demand for products and services will naturally increase. If we supply of
these goods does not increase as fast as the demand, their prices will
naturally increase.

 Housing, school buildings, health care, and food may no longer be sufficient
to meet the needs of the growing population
 Table 2.5. Average annual growth rates,
In table 2.5, we see Philippines: 2000-2040
that while population Year Growth Rate

has been increasing, 2000-2005 2.05

the rate of growth 2005-2010 1.95

2010-2015 1.82
has however been 2015-2020 1.64
declining, and is 2020-2025 1.46

expected to decline 2025-2030 1.27

further over the next 2030-2035 1.09

25 years. 2035-2040 0.92

What is interesting in this table is how Philippine
population is distributed among age groups. It can
be seen that in 2010, more than 21 million of total
population fell under the age group of 0-4 and 5-9.
These are very young children who normally go to
school, do not work and therefore depend on their
parents for their subsistence and living
requirements. This translate to a high dependency
ratio on the productive members of the population.
 Then we have the old retired age group of 65 years old to
80+ numbering a little over 2 million. These people who
may not have adequately prepared financially for their
retirement will add to the dependency burden on the
productive members of population.

 It is thus important to study population in terms of age

distribution, to see how much of the population is made
up of the age group that can join labor supply and
therefore contribute to income generation and production
of goods.
THE PHILIPPINE WAGE POPULATION

Usually, when Labor Day is celebrated in the

Philippines on May 1, labor unions and organizations
clamor for wage increases. The government protect
the workers through the imposition of minimum
wages. But workers always claim that this maximum
wages are not enough for their subsistence.
Let us look at the minimum wages at the National
Capital Region.
Table 2.7. Current Minimum Wage National Capital Region(NCR) as of April 4 2015
(in pesos)
Sector Industry Basic Basic Wage New Basic Wage COLA New Minimum
Wage Increase Wage Raters

Non Agriculture 451.00 15.00 466.00 15.00 481.00

Agriculture (Plantation/Non 414.00 15.00 429.00 15.00 444.00

Plantation)

Privacy Hospitals with bed 414.00 15.00 429.00 15.00 444.00

capacity of 100 or less

Retail/Service Establishment 414.00 15.00 429.00 15..00 444.00

employing 15 workers or less

Manufacturing Establishment 414.00 15.00 429.00 15.00 444.00

regularly employing less than
10 workers
The above minimum wages apply in the NCR.
Minimum wages in the other regions in the
Philippines are lower depending on the cost of
living in the specific region or sector.

The setting of minimum wages by the

government assures protection for workers that
they are not underpaid by employers, and gives
the guarantee of a sufficient income to meet their
basic needs.
GROUP 7
PAULINE MAE NON
MARJORY SEBASTIAN
MA. APRIL MANDAP
RICHLYN RAMOS
Orayyt kape -,-