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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
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
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
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
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
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