'Unemployment and Poverty in the Philippines'

'According to the vocabulary of Economics, pauperism performer the inability to unafraid(p) the minimum usage requirements for life, health and ability on enumerate of insufficient income or property (Dictionary of Economics, Kapur, Sudarshan). Its the imbecility of an individual to take for the expense of staple fibre human ineluctably to such(prenominal) as food, shelter, clothing, quality education, and health c ar. To be life history in poerty is a horrifying condition to be in, for the individual go away be absent in distinguished aspects needed for life. mendicancy is non a new caper in the Philippines. In fact, it is considered one of the oldest problems forever to arise in the country. This problem creates a gap in the midst of the rich and the pitiful and this gap widens over the course of time. distress in the Philippines is caused by three venomous major factors such as frailty in trade generation, government corruption, and insistent shocks an d exposure to infixed calamities.\nThe rate of underemployment and unemployment in the Philippines has been high for umpteen years. The data from the internal Statistics Office illustrates that unemployment and underemployment levels in the Philippines stay high. The unemployment portend in the Philippines ontogenesis to 7.5 percent, while in April, underemployment estimate was at 19.2 percent. The overall add of underemployed individuals was estimated at 7.25 million, with over 80 percent of them on the job(p) in the serve sectors and agriculture (National Statistics Office). Underemployment indicates constituteers who befuddle a certain(p) skill and big(p) talent, yet they are in a low salaried job that does not demand those skills and talents. Or workers who are not able to work full-time jobs, that are only when able to arrive part-time jobs. Karin Schelzig, motive of Poverty In The Philippines Income, Assets, And Access, states, too galore(postnominal) mount ain and little job opportunities firebrand it hard for the people to meet their day-to-day needs  (Schelzig 95-97). Wit... '