Stubborn Unemployment and Employment Vulnerability in the Midst of Economic Growth: The Philippine Case

• Main Authors: Cabegin, Emily Christi A., Dacuycuy, Lawrence B., Alba, Michael M.
• Format: text
• Published: Animo Repository 2009
• Subjects: Economic Expansion; Employment; Unemployment; Philippines; Growth and Development; Labor Economics
• Online Access: https://animorepository.dlsu.edu.ph/res_aki/144; https://animorepository.dlsu.edu.ph/context/res_aki/article/1162/viewcontent/STUBBORN_UNEMPLOYMENT_AND_EMPLOYMENT_VULNERABILITY_IN_THE_MIDST_OF_ECONOMIC_GROWTH.pdf
• Institution: De La Salle University

The Philippines was ushered into the new millennium with an economic expansion associated with domestic labor market conditions, unlike those of the last decade of the twentieth century. Characterized by a worsening, even-though-already-high, open unemployment rate and underemployment and a persistently pervasive vulnerable employment, the economy provided a bleak picture for workers in marked contrast to the more inclusive nature of the growth episode in the 1990s (before the Asian financial crisis).