The Official Website of the Bosconian International Chamber of Commerce, Inc.
Today is September 05, 2010
SITE NAVIGATOR
HOME
ABOUT BICC
CONSTITUTION AND BY-LAWS
CONTACT US
COOPERATIVE
HALL OF FAME
MEMBERSHIP
PEOPLE BEHIND BICC
SECOND WORLD ASSEMBLY OF ALUMNI
SECTORS
WANT TO JOIN US?
WEB MAIL
WEB/CLASSIFIED ADS
NEWS CENTRAL
CALENDAR OF EVENTS
MEMBERS DATABASE
PHOTO GALLERY
 

OTHER PAGES > INFORMATION PLUS > UNEMPLOYED DEFINED




Unemployed
05/01/2008 | 04:15 PM

The current definition of "unemployed" is based on the International Labor Organization (ILO) concept.

Adopted by the National Statistics Office in its Labor Force Surveys in April 2005, the ILO concept sets three criteria in order for a person 15 years old or older to be considered as unemployed. He or she must be:

- without work, AND
- is actively seeking work OR not seeking work due to valid reasons, AND
- is currently available for work.

The old Philippine definition of "unemployed" considered only the first two criteria.

Under the ILO concept, people unavailable for work, or are available for work but are not looking for work, are not considered as unemployed.

Redefining unemployment drastically decreased estimates of unemployed persons.

In NSO's January 2005 Labor Force Survey, there were 4.03 million unemployed persons under the old Philippine definition. Estimates based on the ILO definition, meanwhile, pegged the number of unemployed at 2.476 million.

NSO published the old Philippine definition and ILO concept estimates side by side in its Labor Force Surveys from July 2004 up to January 2005.
 
Your opinion matters! For inquiries and feedbacks, please email the WEBMASTER.
BOSCONIAN INTERNATIONAL CHAMBER OF COMMERCE, INC. 2007