PRESS RELEASE: ILO Global Employment Trends 2013 report

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FOR IMMEDIATE RELEASE
22 JANUARY 2013
ILO GLOBAL EMPLOYMENT TRENDS 2013 REPORT

Global unemployment rising again but with significant differences across regions
Five years after the outbreak of the global financial crisis, labour markets remain deeply depressed. Unemployment has started to rise again as the economic outlook worsens.

PRESS RELEASE: http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_202320/lang–en/index.htm
RISE OF MIDDLE-CLASS JOBS: http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_202481/lang–en/index.htm
FACTS AND FIGURES BY REGION: http://www.ilo.org/global/research/global-reports/global-employment-trends/2013/WCMS_202299/lang–en/index.htm
ILO DIRECTOR-GENERAL STATEMENT: http://www.ilo.org/global/about-the-ilo/who-we-are/ilo-director-general/statements-and-speeches/WCMS_202390/lang–en/index.htm

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PHILIPPINES IN THE GLOBAL EMPLOYMENT TRENDS 2013 REPORT
FULL REPORT:
http://www.ilo.org/wcmsp5/groups/public/—dgreports/—dcomm/—publ/documents/publication/wcms_202326.pdf

Page 42: Concerns over growing skills mismatch
Skills mismatch has affected and continues to affect labour markets around the world. In the sample of developing economies, mismatch increased in only four countries (Argentina, Costa Rica, Philippines and Uruguay), while in the sample as a whole mismatch decreased by 4.3 percentage points. These trends indicate that the relationship between mismatch and unemployment is complex. Rising mismatch is not always reflected in rising unemployment, as the latter is also determined by the broader economic environment. Nevertheless, the trends in many economies underline the need for policies that ensure the best possible match in the labour market, and more so in the current environment of high unemployment.

Page 98: Unemployment rate in the Philippines edged down
Unemployment rate in the Philippines also edged down to 6.9 per cent in the second quarter of 2012, compared with 7.2 per cent the same quarter the previous year. This decline has been driven by trends in male unemployment: the unemployment rate for Filipino men declined from 7.6 per cent to 7.0 per cent during the same period but the unemployment rate for women remained unchanged at 6.7 per cent in the same period.

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Page 99: Youth employment
Young women and men also continue to face a difficult situation in the labour market in the South-East Asia region. However, there have been some positive developments in the Philippines and Indonesia, the two countries in the region with the largest labour force. The youth unemployment rate in the Philippines has trended down in recent years, registering 16.0 per cent in the second quarter of 2012, compared with 16.6 per cent in the same period of 2011 and 18.8 per cent in the same period of 2010.

In the Philippines, unemployment rates for young men have declined relatively more rapidly during the same period, with the rate for young men falling by 3.2 percentage points compared with 2.1 percentage points for young women.

Page 100: Progress in reducing vulnerable employment, need to continue to focus on those who are in poor quality jobs

In the Philippines, the vulnerable employment rate, which stood at 44.2 per cent in the second quarter of 2009, declined steadily to 41.2 per cent in Q2 2012. In the countries where data is available, vulnerable employment rates for women remain significantly higher than for men, with the gap ranging from 7.6 percentage points in Indonesia to 5.5 percentage points in the Philippines to 4.7 percentage points in Thailand.

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