[In the news] Unemployment affected almost 10 million Filipinos – SWS survey -InterAksyon.com

Unemployment affected almost 10 million Filipinos – SWS survey by Abigail Kwok, InterAksyon.com February 23, 2012 MANILA, Philippines – Unemployment has affected almost 10 million Filipinos, a recent Social Weather Stations (SWS) survey shows. The survey, conducted December 3 to 7, 2011, found adult unemployment rate rising to 24 percent from 20.2 percent in previous…

Human Rights Online Philippines

February 24, 2012

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Abigail Kwok, Filipino, Filipino people, Percentage, Philippine, Social Weather Station, SWS, Unemployment

Unemployment affected almost 10 million Filipinos – SWS survey
by Abigail Kwok, InterAksyon.com
February 23, 2012

MANILA, Philippines – Unemployment has affected almost 10 million Filipinos, a recent Social Weather Stations (SWS) survey shows.

The survey, conducted December 3 to 7, 2011, found adult unemployment rate rising to 24 percent from 20.2 percent in previous surveys. This percentage is equivalent to 9.7 million Filipinos.

The survey results, published in Business World, revealed that among unemployed adults, 10 percent were retrenched, 9 percent quit, and 5 percent were first-time jobseekers. About 7 percent of those retrenched did not have their contracts renewed while 2 percent said their employers closed shop, while 1 percent were fired.

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