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Unemployment, Case Study

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Unemployment, Case Study
HIGH UNEMPLOYMENT RATE: WHO’S TO BE BLAMED?

A case study

Presented to

The Faculty of the College of Management and Business Technology
Nueva Ecija University of Science and Technology
Sumacab Campus, Cabanatuan City

In Partial Fulfillment of the Requirement for the Subject
Basic Economics with Agrarian Reform and Taxation
Economics 1

By:

Glenda L. Estipular
Joanne Abigail C. Ramones
Jennavy N. Dela Cruz
Irma Joy P. Castro
Mary Grace A. Arzanan
Jonnalyn L. Alberto

Introduction The Philippines has one of the highest unemployment levels in Southeast Asia. Based on the recent study, the capital Manila and surrounding cities had the highest unemployment rate while the war-ravaged Autonomous Region in Muslim Mindanao had the lowest unemployment rate. Unemployment tends to be lower in rural areas, because the majority of population works on family farms or hired as farm hands of big landowners. Unemployment as explained in the dictionary of economics is “the state of an individual looking for a paying job but not having one”. Unemployment occurs when people face crisis in job opportunities due to the unpredictable nature of the economy. Filipinos are having an economic recession. As have said by Father Edwin Corros "Workers will always be the victims in a recession”. We all know that the root of economic problem that we are facing now is the “unequal distribution of wealth”. This study focuses on high unemployment as the result of disparity. This study seeks to find out who are the responsible people behind this problem of high unemployment; what their responses.

Case Title
High unemployment rate: who’s to be blamed?
Statement of the Problem
1. How is unemployment in the Philippines maybe described?
2. What are the types of unemployment?
3. What are the causes of unemployment?
4. What are the effects of unemployment?
5. What are the strategies of the Philippine government to solve unemployment problem?
Discussion
1. How is
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