Scope and limitations:

Filing for unemployment is something you should do the right way. By clicking on the `Begin filing process you will gain access to file for unemployment, along with information about private resources available.

If you had health insurance with your former employer, you may have to deal with COBRA benefits. In our COBRA section, we have all of the answers that you need. You will need to come up with a plan for an effective job search. Our job database is updated daily and contains thousands of jobs that are currently available in your area. You may have to learn a new skill. Many unemployed workers decide to go back to school, and being unemployed qualifies you for certain educational opportunities. Their counselors ready to answers your questions. You may have to consider taking advantage of other benefits, like Federal & State. We have a direct link to the Supplemental Nutrition Assistance Program (SNAP) website, as well as government benefits state directory. As hurt and as angry as you may feel right now, the most important thing you can remember is that being unemployed is only temporary. Millions of unemployed workers go on to find new jobs and remember being unemployed as being a bump in the road. While being unemployed may make you feel like you have been thrust in to a hole that is so deep that you can never climb out, keep in mind that there have been million of unemployed workers in your shoes. Thats why were here-to give you a boost out of the hole. No one can do it alone.

Methodology

The Philippine economy is reeling under the impact of the global recession, with growth rates slowing from 7.3 percent in 2007 to 4.6 percent in 2008 an a further steep decline expected this year. While the country is not as heavily reliant on exports as Singapore for Thailand, exports nevertheless average nearly 45 percent of GDP between 2003 and 2008. Last year exports fell sharply. Merchandise exports contracted by 1.7 percent, electronics by 24.3 percent, garments by 6.5 percent and other manufactured products by 32.9 percent. Exports of mineral products slid to 2.92 percent, down from a growth of more than 20 percent in 2007. Agricultural exports measured by value rose 28 percent but only because of rising prices. By volume, this sector also declined by 2 percent. The Philippines other major exports-cheap labor-rose sharply by 28 percent, up from 1.4 percent growth in 2007. More than 1.376 million workers left the country looking or work. Compared to 2007, remittances rose last year by 15 percent to $17 billion, according to the World Bank. Recently released labor department figures for 2008 attempted to paint a picture of a resilient labor market, highlighting the departments claim that over 530,000 jobs were generated in 2008. The figure was well below the 924,000 jobs created in 2007and far less than the governments annual target of 1.6 million jobs. Nearly half-262,000-were in agriculture, forestry and hunting, with average pay of $US2.7 a day, barely above the UN poverty threshold of the $2 a day. The governments minimum cost-of-living for a family of six is over $18 a day.

The labor department report acknowledged that losses of better-paid jobs in other areas had been high. In manufacturing, 135,00 jobs with an average basic daily pay of $6 were axed. The electricity sector lost 5000 jobs with an average daily pay of $9. In transport, 9,000 jobs with an average daily pay of $7 were destroyed. The official estimate for unemployment in 2008 was 7.4 percent or 2.7 million- an increase of 0.1 percent from 2007. These figures, however, are a gross understatement. The government defines the unemployed as those who are simultaneously without work, looking for work and immediately available for work. Moreover, working is broadly defined to include unpaid work for family businesses (a small farm or a small variety store) and working for oneself (street vendors, jeepney drivers). If the 4.1 million unpaid workers in family businesses, and just half of the over 10 million selfemployed were included, the jobless total would be more than 11 million people among those 15 years and older. In its fourth quarter survey, the Social Weather Stations (SWS), a survey group, found that 11 milion people or 27.9 percent of the adult labor force (over 18 years) were unemployed. The result was based on face-to-face interviews with 1,500 people across the country. Since 2005, SWS surveys have shown unemployment rate in double figures. In 2007, 17.5 percent were unemployed despite record economic growth of more than 7 percent. As the economy sinks further and unemployment continuous to grow, a social explosion is building up as working people find it increasingly impossible to make ends meet.

Review of Related Literature

Unemployment is recognized as one of the most challenging social problems currently facing Australia. In the last two decades and more recently with the global recession high levels of unemployment have become an established feature of the South Australian social and economic landscape, with young people aged 15 to 24 years among those hardest hit by unemployment. In the past quarter the unemployment rate in South Australia has remained steady at 5.6% (Australian Bureau of Statistics, 2009) but this figure is volatile and may increase next month. The youth unemployment rate, however, in South Australia remains at 21.9% with the Western and Northern suburbs having significantly higher rates of 31.6% ( Workforce Information Service).

People of all ages are affected by unemployment but young people aged 15 to 24 years are affected disproportionately. Youth unemployment in South Australia is commensurate to the national average of 26.3%. The youth unemployment rate is now the highest it has been since November 2001(ABS, 2009).Given South Australias low population growth and economic growth rates, high youth unemployment rates are likely to continue (Hugo, 1999).

The effects of unemployment on health and well-being have been studied in detail since the rise of unemployment in the late 1970s. This has resulted in a substantial body of research concerning the health effects of unemployment- research that shows a strong association

between unemployment and ill health. There have been specific studies on the effects of unemployment on women, adult men, indigenous Australians and immigrants but my interest has focused on the effects on unemployment and young people given that employment plays a pivotal role in helping young people to negotiate the transitional period between the child and adulthood, as it is a key factor in healthy identity development (Erikson, 1968).

Saint Paul School of Business and Law

Campetic, Palo, Leyte

Marketing 9 Marketing Research Final Requirements

No Vacancy: Increasing Unemployment and its effect to the Philippine Economy

Submitted by: Mike Ryan Alemanza TTh (5:30 7:00) Submitted to: Mr. Raymund Go

Background of the Study

The Philippine Islands became a Spanish colony during the 16th century; they were ceded to the US in 1898 following the Spanish-American War. In 1935 the Philippines became a selfgoverning commonwealth. Manuel QUEZON was elected president and was tasked with preparing the country for independence after a 10-year transition. In 1942 the islands fell under Japanese occupation during WWII, and US forces and Filipinos fought together during 1944-45 to regain control. On 4 July 1946 the Republic of the Philippines attained its independence. The 20-year rule of Ferdinand MARCOS ended in 1986, when a "people power" movement in Manila ("EDSA 1") forced him into exile and installed Corazon AQUINO as president. Her presidency was hampered by several coup attempts, which prevented a return to full political stability and economic development. Fidel RAMOS was elected president in 1992 and his administration was marked by greater stability and progress on economic reforms. In 1992, the US closed its last military bases on the islands. Joseph ESTRADA was elected president in 1998, but was succeeded by his vice-president, Gloria MACAPAGAL-ARROYO, in January 2001 after ESTRADA's stormy impeachment trial on corruption charges broke down and another "people power" movement ("EDSA 2") demanded his resignation. MACAPAGAL-ARROYO was elected to a sixyear term as president in May 2004. The Philippine Government faces threats from three terrorist groups on the US Government's Foreign Terrorist Organization list, but in 2006 and 2007 scored some major successes in capturing or killing key wanted terrorists. Decades of Muslim insurgency in the southern Philippines have led to a peace accord with one group and an ongoing cease-fire and peace talks with another.

The Philippines was less severely affected by the Asian financial crisis of 1998 than its neighbors, aided in part by its high level of annual remittances from overseas workers, no sustained runup in asset prices, and more moderate debt, prior to the crisis. From a 0.6% decline in 1998, GDP expanded by 2.4% in 1999, and 4.4% in 2000, but slowed to 3.2% in 2001 in the context of a global economic slowdown, an export slump, and political and security concerns. Average GDP growth accelerated to about 5% between 2002 and 2006 reflecting the continued resilience of the service sector, and improved exports and agricultural output. Nonetheless, it will take a higher, sustained growth path to make appreciable progress in the alleviation of poverty given the Philippines' high annual population growth rate and unequal distribution of income. The Philippines also faces higher oil prices, higher interest rates on its dollar borrowings, and higher inflation. Fiscal constraints limit Manila's ability to finance infrastructure and social spending. The Philippines' consistently large budget deficit has produced a high debt level, and this situation has forced Manila to spend a large portion of the national government budget on debt service. Large unprofitable public enterprises, especially in the energy sector, contribute to the government's debt because of slow progress on privatization. Credit rating agencies have at times expressed concern about the Philippines' ability to service the debt, though central bank reserves appear adequate and large remittance inflows appear stable. The implementation of the expanded Value Added Tax (VAT) in November 2005 boosted confidence in the government's fiscal capacity and helped to strengthen the peso, making it East Asia's best performing currency in 2005-06. Investors and credit rating institutions will continue to look for effective implementation of the new VAT and continued improvement in the government's overall fiscal capacity in the coming year.