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OBJECTIVES

1. Identify the reasons of unemployment.


2. Explain the concept and causes of unemployment.
3. Analyze the implication of unemployment on the
lives of people and the economic development of
the country.
4. Create laws and its provisions to help solve the
unemployment in the Philippines.
ECONOMIC
ISSUES
UNEMPLOYMENT (causes and
implications)
GLOBALIZATION (impact on local and
global cultures)
1 2
What are the What is the
professions message of the
mentioned in the song?
song?
UNEMPLOYME
NT
LESSON 2 – ECONOMIC ISSUES
CONCEPT OF
UNEMPLOYMENT
UNEMPLOYMENT
 Not having a job
 State of being without any
work yet looking for work
CONCEPT OF
UNEMPLOYMENT
UNEMPLOYMENT RATE
The percentage of people
who do not have a job out of
the total number of those
who are in the labor force.
CONCEPT OF
UNEMPLOYMENT
• Purchasing Power &
Consumption of the people
• Income of businesses
• Taxes
• Programs & Policies of
government
• Standard of living
TYPES OF UNEMPLOYMENT

FRICTIONAL
It occurs as a result of people
voluntarily changing jobs
within an economy.
TYPES OF UNEMPLOYMENT
CYCLICAL
The variation in the number of
unemployed workers over the
course of economic upturns
and downturns, such as those
related to changes in oil prices.
TYPES OF UNEMPLOYMENT

STRUCTURAL
It comes about through
technological change in the
structure of the economy in
which labor markets operate.
TYPES OF UNEMPLOYMENT
SEASONAL
It occurs as demands shift from
one season to the next. This
category can include any
workers whose jobs are
dependent on a particular
season.
CAUSES OF UNEMPLOYMENT
Common causes:
Economic recession
Structural unemployment
Excessive supply of graduates in some
professions
PHILIPPINES
1. Fast Population Growth

111,213,248 – current
population of the
Philippines as of Monday,
August 16, 2021, based on
Worldometers.
PHILIPPINES
1. Fast Population Growth

Ranked 13th – biggest


population in the world.
1ST – CHINA (1,445,266,749)
Annual Population Growth Rate of the Philippines
Growth Growth Growth Growth Growth
Year Year Year Year Year
Rate Rate Rate Rate Rate

2021 1.34% 2016 1.52% 2011 1.71% 2006 1.81% 2001 2.16%

2020 1.35% 2015 1.59% 2010 1.68% 2005 1.91% 2000 2.18%

   
2019 1.37% 2014 1.66% 2009 1.66% 2004 2.00%

   
2018 1.41% 2013 1.71% 2008 1.67% 2003 2.07%

   
2017 1.46% 2012 1.72% 2007 1.73% 2002 2.12%
A big population means a large number of
students graduating from schools. College and
high school graduates will have a difficult time
getting a job because of competition. In the end,
the big number of those without a job will become
part of the unemployment rate.
What are the types of
unemployment?
1. Frictional
2. Cyclical
3. Structural
4. Seasonal
Common causes of
unemployment
1. Economic Recession
2. Structural Unemployment
3. Excessive supply of graduates
in some professions
PHILIPPINES
2. Excessive supply of
labor-force

The second cause of


unemployment in the
Philippines is related to the
education system of the
country.
PHILIPPINES
2. Excessive supply of
labor-force

In the past years, many


graduated from courses that
were considered in-demand or
those with high hiring
percentage.
PHILIPPINES
2. Excessive supply of
labor-force

Job and Skill mismatch -


college graduates whose
skills and knowledge does
not match the current needs
of the industries.
PHILIPPINES
2. Excessive supply of
labor-force

Example:
Large number of students who took
up nursing in college in the past
years work in different fields that
are not related to their course, such
as in call centers.
PHILIPPINES
2. Excessive supply of
labor-force
Example:
HRM Graduates – Service Crew /
Call Centers
The large number of graduates from
this field but with limited number of
job vacancies result to the excessive
supply of labor force.
PHILIPPINES
3. Limited job opportunities
Developing countries like the
Philippines face many problems
including creating jobs for its big
population.
Seek work in countries w/ numerous
job opportunities such as Hong Kong,
the Middle East, United States, Japan,
and Australia, among others.
PHILIPPINES
3. Limited job opportunities
The large income, numerous
benefits, and good working
condition abroad even encourage
those who are employed to leave
the country. This resulted to a surge
of OFWs the past decades.
Unemployment Rate of the Philippines
YEAR %
The unemployment rate of
2010 7.3
the Philippines is constantly 2011 7.0
changing. Sometimes it 2012 7.0
increases and sometimes 2013 7.2
decreases. In the past 10 2014 6.8
2015 6.3
years, it can be noticed that
2016 5.5
the number of unemployed is 2017 5.6
still high. Unemployment 2018 2.34
rate in the Philippines was at 2019 2.15
7.7% in June 2021. 2020 2.16
2021 7.7
COUNTRY 2010 2020
Brunei 6.51 8.37
India 5.65 7.11
This the highest Singapore 5.61 5.19
Malaysia 4.12 4.55
unemployment rate in Indonesia 3.61 4.11
Southeast Asia as Philippines 3.25 3.36
Vietnam 1.11 2.27
shown in the chart. Burma 0.79 1.79
Thailand 0.77 1.02
Laos 0.71 0.95
Cambodia 0.62 0.31
Solving Unemployment

Aligning the education system


Republic Act 10533 or the
Enhanced Education Act of 2013

The Department of Education (DepEd)


redesigned the basic education
curriculum in the country resulting to
the creation of the K to 12 Curriculum.
Solving Unemployment

Aligning the education system

The DepEd released DepEd Order No.


31, s.2012 Policy Guidelines on the
Implementation of Grades 1 to 10 of the
K to 12 Basic Education Curriculum
(BEC) Effective School Year 2012-
2013 in relation to this.
Solving Unemployment

Aligning the education system


This change in the education
system could help decrease, if not
eliminate, unemployment in the
country as the curriculum in the
senior high school designed to
train students for their future
career.
Solving Unemployment
Creation of jobs
This could be done with four steps:
 First, the government needs to create a bigger
infrastructure budget for the construction of roads and
bridges. This will require manpower thus it will give
more jobs to people.
Solving Unemployment
Creation of jobs
This could be done with four steps:
 Second, the minimum wage of those who have jobs can
be lowered. For sure, employed people will contest this
rule but it would help the companies get additional
workers. Even if the income of people is not high, the
money would be distributed to a larger people.
Solving Unemployment
Creation of jobs
This could be done with four steps:
 Third is decreasing the number of full-time employees.
In this case companies would hire more part-time
employees, which would give many people
opportunities to work.
Solving Unemployment
Creation of jobs
This could be done with four steps:
 Fourth is lowering the taxes collected from the
businesses. The money that businesses would save from
this would be used for the expansion of their business or
establishing new ones.
What are the causes of
unemployment in the Philippines?
1. Fast Population Growth
2. Excessive supply of labor-force
3. Limited job opportunities
What is the rank of our
country when it comes to
highest unemployment rate
in Southeast Asia?
6 rank
th
What is the Republic Act for
the creation of the K to 12
Curriculum?
Republic Act 10533 or the
Enhanced Education Act of 2013
ACTIVITY
Imagine that you were a
congressman/congresswoman, suggest laws
to help solve the unemployment in the
Philippines, and create a name and sample
republic act number for their law and its
provisions.
QUESTIONS

● As a student, in what ways can you help solve


unemployment in the Philippines? Give concrete
examples.
● What do you think the role of the government is
in regulating the unemployment situation in our
country?
Unit Test #2 on Monday
(August 23, 2021)
Asynchronous Time
(UNEMPLOYMENT)
Mini Task – Social Studies
(Edmodo – Dropbox)
August 23, 2021 onwards
Final: On or Before August
31, 2021
ACTIVITY

List down the


effects of
unemployment
using the graphic
organizer.
A picture is worth a
thousand words
This is a map

JUPITER
Jupiter is the
biggest planet

VENUS
Venus is the
second planet
500,000
Big numbers catch your audience’s attention
Timeline

1 2 3 4

SATURN VENUS MARS NEPTUNE


Saturn is the ringed Venus has a Mars is full of iron Neptune is the
planet beautiful name oxide dust farthest planet
A picture always
reinforces the concept
Images reveal large amounts of
data, so remember: use an image
instead of a long text
Whoa!
Mercury is the closest planet to the Sun
and the smallest one in the Solar System
—it’s only a bit larger than the Moon
Multimedia
You can replace the images on the screens
with your own work. Right-click on them
and then choose "Replace image" (in
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Percentages

MERCURY SATURN
5% 25%
Mercury is the Saturn is the ringed
smallest planet planet

JUPITER VENUS
50% 75%
Jupiter is the Venus is the second
biggest planet planet
Conclusions

MERCURY VENUS SATURN


Mercury is the Venus has a beautiful Saturn is the ringed
smallest planet name planet
Thanks!
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