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THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND UNEMPLOYMENT

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Unemployment  is   one   of   the   most   important   problems   of    the  Philippines  which   serve  as  an  indicator  when  a  country’s    economy   is   weak.   Unemployment   has   a   relation   to   the   economic    growth   of  a  country   where  when  a  country   has  a  high    unemployment  rate , the country does not capable to sustain economic finances because the import and export of the good and services are going to decline because the funds of the government can be gain through the taxes from the goods and service. So if the government do not have source of income they cannot build infrastructures like buildings  that helps our country to improved. Additional more unemployed people  can result  in  economic  problems  that    may  lead  to   Economic  failure.  Since  Filipinos  are unemployed    our  production   rate will  go   down   due  to  the  fact  that  our    resources  are wasted  or  unusable  which   can  lead  to   a  decrease  in    the   products   we   produce   that   we   can   import   abroad.

But   First   Let   us   define   what   is   Economic   Growth? Based  on   Wikipedia,   “Economic   growth   can   be   defined  as   the    increase   in   the   inflation-adjusted   market   value   of   the   goods,   and    services   produced   by   an  economy   over   time.   Statisticians    conventionally  measure  such  growth   as  the  percent   rate  of    increase  in  real  gross  domestic  product,   or  real  GDP.   Economic    growth   can  be  measured  by  a  country’s   Gross  Domestic  Product    or   also   known   as   (GDP);   it   is   defined  as   the   total   market   value   of    all  final  goods  and  services  produced   within  a  country   in  a  given    period. According   to   Investopedia,  They  define  Economic  Growth    is   an  increase   in   the   production   of   goods   and   services   over   a    specific period.  To   be  most accurate,   the  measurement  must    remove   the   effects   of   inflation.

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According to the website of Financial Express, Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. Inflation measures the average price change in a basket of commodities and services over time. The opposite and rare fall in the price index of this basket of items is called ‘deflation’. Inflation is indicative of the decrease in the purchasing power of a unit of a country’s currency. This is measured in percentage.

The purchasing power of a currency unit decreases as the commodities and services get dearer. This also impacts the cost of living in a country. When inflation is high, the cost of living gets higher as well, which ultimately leads to a deceleration in economic growth. A certain level of inflation is required in the economy to ensure that expenditure is promoted and hoarding money through savings is demotivated.

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Based   on   Corporate   Finance   Institute,   Unemployment   is    a  term  referring  to  individuals  who  are  employable  and    actively seeking  a  job  but  are  unable  to  find  a  job.    Included  in  this  group  are those  people  in the  workforce    who  are  working  but  do  not  have  an  appropriate  job.    Usually  measured  by  the  unemployment  rate,  which  is    dividing  the  number  of  unemployed  people  by  the  total    n u mb e r   o f   p e o p l e   i n   t h e   w o rkf o rc e ,   u n e m p l o y m e n t   s e r v e s   as  one  of  the  indicators  of  a  country’s  economic  status.    A cc o r d i n g   t o   M a s t e rc l a s s ,   T h e y   d e f i n e   U n e m p l o y m e n t   as   a  person  who  is  someone  of  working  age  (16  and  up),    jobless,  able  and  available  to  work,  and  actively  looking    for  a  job.  This  means  anyone  without  a  job  who  is    reaching  out  to  contacts about  jobs  or  applying  to    positions.

SECOND,   LET   US   DEFINE   WHAT   UNEMPLOYMENT   IS?

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In   the   Year   2000,   the   Philippines   was   considered   as   the   fastest   growing   economy   in   Asia   due   to   its   performance  that  makes  the  country  increase  its  Growth  Domestic  Product  (GDP)  from  the  recent    decade  of  the  Philippines  economy.  Why are  the  Philippines  considered  the  fastest growing  economy    in   Asia?   According   to   the   article   by   Manny   V.   Villar   (2019)   entitled,   ‘PHL   one   of   the   fastest-growing   economies’   The   Philippines   remains   one   of   the   fastest- growing economies  in  Southeast   Asia  and will  continue to  enjoy  the  status in  the  coming  years    because  of  our  improving  macroeconomic fundamentals.  While  our  gross  domestic  product  (GDP)    growth slowed  to  a  four-year  low  of 5.5  percent  in  the  second  quarter  of  2019,  most  of  our  Asian    neighbors  were expanding  below  4  percent.  Only  Vietnam  grew  at  a  faster  rate  than  we  did  in  the    previous  quarter.  According  to  the  website  of  Asian  Century  Institute  (2020),  “But  the  Philippine    economy   has   come   a   long   way   over   the   past   couple   of   decades.

Philippines as the fastest growing economy in Asia

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It  has  enjoyed  solid  economic  growth. Philippines’  lives  are  improving.  The  Philippines   has    decisively  thrown off  the  nickname  of  the  sick-man  of  Asia.  And  the  Philippines   now  has  great    potential   to  become   one   of  the   success   stories   of  the   Asian   Century,   especially   if   it   draws   some   lessons  from  its neighbors.  Based  on  the  article,  the  Philippines   is  considered  as  the  fastest  growing    economy   in   Asia   due   to   its   improving   Gross   Domestic   Product   (GDP)   from   the   recent   decade   of  the    Philippines   economy.”.

But  the  continued  growth  of  the  country’s  economy was  suddenly  overshadowed by  the  pandemic    on  March  17, 2020;  Our  President  implemented  what  we  call  the  Enhance  Community  Quarantine    in  the  Philippines  which this  preventive  measure  wants  to  limit  the  people  who  are  going  out from    their  home  through  these preventive  measures  it  helps  to  prevent the  spread of  infectious  diseases.    This   pandemic,   we   are   experiencing  have   a   huge

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impact on the growth of our economy as it causes our Gross Domestic Product in  t he year 2020 to drop to -9.5 which is the lowest Gross Domestic Product in the   history of the Philippines, It is due to the limited of people or the worker who are  going at their work and many people are being unemployed because their business  nor a company is going to be closed and other factors that might affect the Gross  Domestic Product of the Philippines . In   the   short   run,   the   relationship   between   economic   growth   and   the   unemployment    rate  may  be  a  loose  one.  It  is  not  unusual  for  the  unemployment  rate  to  show    sustained  decline  sometime  after  other  broad  measures  of  economic  activity have    turned   positive.   Hence,   it is   commonly   referred   to   as   a   lagging   economic   indicator.    One reason  that  unemployment  may  not  fall  appreciably  when  economic  growth    first  picks  up  after  a  recession’s  end  is  that  some  firms  may  have  underutilized    employees  on  their  payrolls  because  laying  off  workers  when  product  demand   declines   and   rehiring   them   when   product   demand   improves   has   costs.

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As   a   result,   employers   may  initially   be   able   to   increase   output   to   meet   rising  demand  at  the  outset  of  a  recovery  without  hiring  additional    workers   by   raising   the   productivity   of   their   current   employees.   This    temporarily   boosts   labor   productivity   growth   above   its   trend   (long-   run)   rate. U n e m plo y m e n t   h as   re m a i n ed   h i g h   i n   th e   P h i l i pp i n e s ,   at   a l m o s t   t w i ce   the  level  of  neighboring  countries, despite  relatively  fast  employment    growth  in  the  past  decade.  Employment  growth  was  not  sufficient  to    reduce  unemployment because  of  rapid  population  growth  and    increased  labor  force  participation.  The  key  policy  implications  are    that  higher  economic  growth  and  moderation  of  increases  in  the  real    minimum  wage  are  required  to  reduce  unemployment.  According  to   the   World   Bank   Philippine   Development   Report   (2013),   the   elasticity    of   employment   to   GDP   growth   in   the   Philippines   was  very   low   during    the   period   1998   to   2010,   particularly   in  agriculture   and   industry.   This    w as   a l s o   a ff i r m ed   i n   th e   s tud y   o f   H a nu s ch   ( 2013 )   w h ere   th e   outp u t  growth-employment   coefficients   were   weak   and   insignificant   in   two

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different   sub-periods.   There   were   also   studies   confirming  the   significant   relationship   between   unemployment   a n d   outpu t   g r o w t h   i n   th e   P h i l i pp i n e   ec ono m y .

Unemployment   can   result   in   debt   and   poverty,   and   the   government   has   to   take   care   of   these   people,   hence welfare  spending  would  also increase at  the  same  time.  In  cases  where unemployment  is  very  high,  there    would  be  a  budget  deficit,  due  to  a combination  of  the  two, loss  of  tax  revenue  and  increased  welfare   spending.   This   would   result   in   the   government   having   a   limited   budget   to   spend   on   the   many   areas   as   well   as    decreased  spending  on  public and  merit  goods.  It might  also  burden  the  employed  since  the  government    might   increase   tax   rates   to   boost   tax   revenue.

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When   the   Unemployment   rate   rises   it   has   a   negative   impact   on   our   economy   which   when   unemployment   is   high, It   can   lead   to   a   decrease   in   the   economic   growth   of   one's   country ,   so  the   Philippine   Government   is   still   striving   to    lessen  the  number  of  unemployed  people  here  in  the  Philippines  through this  process  the  Philippines  Econom y are going to   increase.

It   is   Important   to   a   country   to   resolve   the   problem   in   Unemployment , in order  t o   increase   its   Gross   Domestic.  Since there are dependent relationship between the unemployment and Economic growth of the country.  According  to  the  website  of  lumen learning,  when  unemployment  rates  are  high   and  steady,  there are  negative    impacts   on   the   long-run   economic   growth.   Unemployment   wastes   resources,   generates   redistributive   pressures    and   distortions,   increases   poverty,   limits   labor   mobility,   and   promotes   social   unrest   and   conflict.

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The   researchers   seek   to   find  the   solution   for   this   study   entitled   "The   Relationship   between   Economic   Growth and  Unemployment"  which  the  researchers  aim  to  find  solutions  for  Unemployment  on  how  to  lessen  to    improve  the  economy  of  the  Philippines. The  Main  Purpose  of  this  study  is  to  provide information  on  how    unemployment   affects   the   status   of   the   Philippines   Economy.   This   study   aims   to   inform   the   readers   especially    the   Students   to   know   the   Impact   of   Unemployment   on   our   Economy   and   what   are   we   going   to   do   to   decrease    the   number   of   Unemployed   people .

It   also   helps   the   Future   Entrepreneurs   so   that   they   are   informed   about   the   present   status   of   our   economy   because   Entrepreneurs   can   offer   Jobs   to   other   people   since   they   are   considered   the   Market   Leader   in   the    economy.

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Why does the Philippines have High Unemployment Rate?

According to the Philippine Statistics Authority (PSA), joblessness soared to 17.7 percent in April, about a month into a sweeping lockdown that saw the country closing off its borders and imposing strict shelter-at-home restrictions. National statistician Claire Dennis Map said at least 7.3 million Filipinos had no jobs in April, mostly as a result of one of Asia's strictest lockdowns to curb the outbreak. The highest unemployment rate previously recorded was 14.4 percent in the second quarter of 1991. At the end of last year, unemployment stood at a record low of 4.8 percent. Due to the pandemic that we are experiencing most Airlines were grounded as domestic and international flights were cancelled. Sea travel, except for services transporting essential goods, was also halted. Most firms wound down and sent workers home, as mass public transport was suspended. No wonder the Philippine economy was brought to a sudden halt.

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Unemployment in the Philippines is due to several factors like educational attainment, overpopulation, an oversupply of the working population mostly on sectors, and the inability to accept available jobs. The Philippines has a high population growth rate at an average of 1.7% for the past few years, consistently higher than the world's population growth rate at an average of 1.2%. The high population growth rate which translates to a steady supply of graduates outstrips the rate at which jobs are created, leaving these graduates finding themselves unemployed. Undergraduates are still taking up college courses that are popular but were previously high in demand. After graduation, these graduates possess skills that are not high in demand in the job market. As such, there is a skill mismatch. For example, in the healthcare industry, nurses were previously in demand abroad. Many undergraduates took up nursing and soon supply matches demand. However, the country's education system continues to produce college graduates who have taken up nursing. As supply increases above demand, there is an oversupply of labor. As a result, these graduates are unemployed. Educational attainment can be a factor of Unemployment where other jobs require educational attainment which the applicant must be a college graduate.  Most of the companies here in the Philippines are referring to the standards of the applicant based on whether he/she graduated and where he/she graduated.

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Based on the result of our survey that the question is do you have a job? We have 10 respondents according to their response. 6 respondents are unemployed and the remaining four are employed, we asked them another question. This question is if they have a job what is their profession and when they do not have a job do they have sidelines like sari-sari store, among the 6 respondents that do not have a Job, 3 of them have sideline job on their sidelines are Certified English Teacher that tutors students, Freelance Graphic Designer at the owner of Boutique shop this information enlighten us that despite being an unemployed person they are still finding a solution so that they can still be a source of income. According to the results of what they think is the main reason for Unemployment, Most of them answered Educational attainment We all know that our country is an overpopulated country and as our population continues to grow, many people are also suffering from poverty, so 1many people are unable to take college due to their lack of income that causes by their children are not able to take college. Most young people prefer to just work than to continue their education. So Lack of Educational Attainment can affect their searching for a job if we notice that most of the companies they are looking for applicants are college graduates and not just High School graduates because they would rather choose the degree holder than the High School Graduate.

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With the help of the opinions of the respondents, we can gather information about what are the main factors that cause High Unemployment in the Philippines. From the information, we gathered we clarified that unemployment is still really one of the problems of our country where the main cause according to our respondents is Lack of Educational Attainment. We are also amazed to the people that do not have a job but they gave a source of income that can help their family

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What are the factors that might affect the Economic Growth of the Philippines?

According to the research of Prateek Agarwal, six factors might affect the economy First is Natural Resources The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country’s Production Possibility Curve. Other resources include land, water, forests, and natural gas. Realistically, it is difficult, if not impossible, to increase the number of natural resources in a country. Countries must take care to balance the supply and demand for scarce natural resources to avoid depleting them. Improved land management may improve the quality of land and contribute to economic growth. Two is Physical Capital or Infrastructure increased investment in physical capital, such as factories, machinery, and roads, will lower the cost of economic activity. Better factories and machinery are more productive than physical labor. This higher productivity can increase output. For example, having a robust highway system can reduce inefficiencies in moving raw materials or goods across the country, which can increase its GDP. Three is Population or Labor A growing population means there is an increase in the availability of workers or employees, which means a higher workforce. One downside of having a large population is that it could lead to high unemployment. Four is Human Capital an increase in investment in human capital can improve the quality of the labor force.

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For example, investing in STEM students or subsidizing coding academies would increase the availability of workers for higher-skilled jobs that pay more than investing in blue-collar jobs. Five is Technology another influential factor is the improvement of technology. The technology could increase productivity with the same levels of labor, thus accelerating growth and development. This increment means factories can be more productive at lower costs. Technology is most likely to lead to sustained long-run growth. Six is Law An institutional framework that regulates economic activity such as rules and laws. There is no specific set of institutions that promote growth.

This increase in quality would result in an improvement in skills, abilities, and training. A skilled labor force has a significant effect on growth since skilled workers are more productive.

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Based on the result of the survey with the question, do they think that the economy of the Philippines is developing? There are a tie results in this part where 5 respondents voted yes, the Philippines economy is developing while the remaining 5 respondents answered no, the Philippines are not developing to support these results we asked the Respondents why they think are the Factors that might affect the Economic Growth of the Philippines. Most of the Respondents answered advancement of Technology which has advantage and disadvantage when the machinery in our country are high end or high-tech in the production of goods and services will be accelerated and increase there are expected increase in the production of goods and services that our economy may grow but the advancement of technology had an adverse effect in our economy, It can be associated in increasing unemployment because Machinery partake to the job of the People so many people will be unemployed because the company need only a few employees for the operation of the Machinery

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From the occurrence of coronavirus, many businesses have closed due to bankruptcy, where the closure of these businesses has a huge impact on our country's economy so most of the respondents answered that our Economy will be decreased due to the Coronavirus. The Respondents gives an idea about the reason of declining's Philippine Economy they said that the following reasons are: temporarily closed of tourist attractions, Unable to export natural resources to the other countries, Lack of investments, Closure of Companies and Other reason that may decline our Economy. After a Huge Breakdown in our Economy, Most of the Respondents are still hoping that the Philippines can cope up after declining our Economy.

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How does the Government resolve this kind of problem in Unemployment?

Based on the oxford business group new job opportunities have accompanied economic growth in the Philippines, but unemployment remains relatively elevated. However, wage growth remains stubbornly slow, representing one of the most significant challenges facing the country’s labor market. Indeed, gains in productivity have easily outpaced real wage growth, which has stagnated over the previous decade. It indicates that the Philippines is still running out of employment but how can they resolve it? Is it possible, we've just seen an article on just how to resolve the unemployment here in the Philippines and this appears, " Full development of small-scale, labor-intensive industries, Choosing appropriate labor-intensive technologies of production, creating a more direct link between education and employment, Reduce rural migration, Remove capital intensive bias, Employment strategy package?

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And by these DOLE address a solution based on DOLE or the Department of Labor and Employment, they decisively help address the problem by promoting and implementing job creation facilitation programs, such as the delivery of correct, relevant, and updated labor market information. Then a program called TESDA built a helping bridge worker to employment through the major programs. Those are the Training for Work Scholarship Program (TWSP), Industry-based TWSP (I-TWSP), Private Education Student Financial Assistance (PESFA) Program, Skills Training for the Youth and the Ulama. By all of these programs, the unemployment rate will decrease and more than hundreds of thousands of people will re-employed. The government with the help of different sectors especially DOLE and its co sectors and its very own programs helps the Philippine economy grow and more job programs.

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Based on the result of the survey with the question, Do they think that the Government has a responsibility to resolve the problem of Unemployment? All of the Respondents answered that the Government have a responsibility to resolve this kind of problem The Department of Labor and Employment is a government sector handling and promoting employment here in the Philippines where we surveyed the question of how does the DOLE resolves unemployment in the Philippines. Most of their answer is Giving Job Opportunities to High School Graduate and Undergraduate Students. This kind of solution to unemployment helps to lessen the number of Unemployment in the Philippines. Most of the Respondents said that the Philippines Sectors are capable to resolve the Problem in Unemployment.

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According to the Study by Mira & Hamadache (2017). Good governance in the definition of the World Bank is the capacity of management and institutional reforms conducted by a state policy that improves coordination and delivery of effective public services, accountability of political actors, and individual citizens in the driving of development policies. Good governance, therefore, connects adequate political institutions and practices to allow development. Several econometric studies tested the relationship between good governance in the sense of "market-enhancing governance" (stimulus institutions contract): a positive relationship has been obtained between good governance and economic growth. Then implementation of good governance policies can promote economic development and ensure convergence towards the level of developed economies.

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According to the World Bank, good governance is evaluated by the implementation capacity of governance principles of a country, providing a framework for market development and economic growth. Several econometric studies tested the relationship between good governance in the sense of "market-enhancing governance" (stimulus institutions market) which showed a positive relationship between good governance and economic growth. However, a good governance policy allows developing countries to achieve minimum economic growth and political reforms to reach a level of development similar to that of industrialized countries. Can good governance explain economic performance?    A ccording to Mushtaq KhanĹ thesis, are reforms of economic structures and government capabilities the first step to improve the economic performance of developing countries, and in a second step to allow economic growth to enhance good governance? Following several works of neo-institutionalist economists ĺ on the relationship between economic growth and good governance two divergent theories of “state failure” in developing countries have emerged:

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The first thesis (market Enhancing governance), defended by neo-institutionalist authors, considers the state as having a sovereign role and being a welfare state. Economically, the proper functioning of markets is correlated to the proper functioning of institutions through the efficient practice of state governance, what is commonly called “good governance”. Therefore, underdevelopment and low economic growth performance of countries could be explained by “state failure” due to the increase in corruption, instability of property rights, market distortions, and lack of democracy. The second thesis (growth Enhancing governance) developed in particular by Mushtaq Khan and partly by Dany Rodrik, concerns the ability of the state to implement social change and pursue a voluntary policy of economic development: The transition of developing countries towards a capitalist system comparable to that of developed countries, cannot operate without the establishment of efficient institutions with distribution of political power in such countries. Conversely, those countries would face state failure as a result of a mismatch between institutions and an economic policy of development.

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Based on the result of the survey with the question, Does Governance can affect Economic Growth. All of the Respondents said that Governance can affect the Economic Growth of one’s country and among the Respondents said that the benefits of having Good Governance will lead to having a better economy. According to the perspective of the respondents that if they think the Philippines have better governance, the result from these questions is a tie because 5 respondents said that the Philippines have a better economy while the remaining respondents said no, the Philippines doesn’t have a Better Economy. While we also ask them If the governance affects in a good or bad way, The results are also tied because 5 respondents said it affects in a good way while the other said it affects in a bad way to support their answer we have any additional questions for them if the governance effects in a good way, why do they think it affects positively. The answer of the respondents for the particular question is: It minimizes unemployment, increases public support, and helps simply. In contrast to the other question stated that if the Governance affects in a bad way, why do they think affects it negatively, the answer of the respondents is they may have unstable decision making, increase unemployment and bring down the whole economy.

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What can we do to improve the Philippines economy?

The economic news coming from the Philippines is surprisingly positive, and this has not gone unnoticed in international circles, judging by the number of inquiries us—the World Bank economic team in Manila that I am now leading—are getting.  However, the economy faces two challenges going forward: it will need to defend itself against a global slowdown, and it will also need to create a more inclusive growth pattern—one that creates more and better jobs because performance on job creation has not been part of the positive news coming from the Philippines for quite a while now. While the economy has proven quite resilient during previous global crises, the current European debt drama and the slowdown in China will undoubtedly also affect the Philippines. Vulnerability to external shocks is moderated by a current account in surplus, international reserves at very comfortable levels, a flexible exchange rate, and a banking sector that is not unduly exposed to foreign liabilities. These are good first lines of defense. The second line of defense will need to come from higher productivity and improved competitiveness.

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In short, Filipino labor needs more capital. Only then will growth become more inclusive, and create more and better jobs. That capital needs to come from the government investing more in infrastructure and education, and it needs to come from businesses investing more; businesses, both large and small.   First, you need to create fiscal space, i.e. you need to raise more revenues so that you can continue to spend more on infrastructure and public services even during a global downturn. But raising public revenues has been a perennial problem for the Philippines.  And second, to remain competitive in a more difficult global environment, and to allow more businesses to grow and create jobs, you need an improved investment climate, so that firms of all sizes can thrive and produce the jobs needed. For instance, the country still has its work cut out for itself on reducing the cost of doing business and addressing infrastructure bottlenecks.

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However, the current administration is committed to getting the job done, and not afraid to tackle corruption and vested interests at the highest levels in its quest to achieve inclusive growth. When commitment, opportunity, and necessity align, as they do now, the chances for success look as good as they have ever been. If I am right, the Philippines would beat the global trend, and become the next success story. Based on the result of the survey the researchers conducted a survey with a question of as a member of the society, what they think are the best way that we can do to improve the Philippines economy. The answer of the Respondents is we have to support local businesses, preserving our environment, less the thing that can drop the economy, Be responsible and resourceful to help the economy of the Philippines. Through the answers of the respondents, we researchers pointed out that the development of the Philippines is still in the hands of every individual how we can grow our economy but there are still people who will do and will do something they do not want to do that can cause of the collapse of our economy so be disciplined, and we are smart individuals for the development of our country

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Unemployment is one of the problems of our country which in the late 1990s until now where even the government does not know how to solve it. The increase in the unemployment rate has an associated impact on our country's economy which when the number of unemployed increases it will affect the growth of our country as our production of goods and services decreases due to the lack of skilled worker, Resources will be wasted, and other factors that can affect the production capacity of one’s country.

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As time goes by, our population grows, the number of unemployed people also increases because every year there are new graduates in every university and they will look for jobs where there are no jobs. opportunities in our country since there is no job vacancy for them, In contrast, there are others who have vacancies but it is a mismatch to their ability or learned when they were in college that due to oversupply of the workforce it will be caused by high unemployment rate in our country but a not only oversupply of the workforce are the factors that can increase of our Unemployment there are several factors like Educational attainment and Lack of Knowledge. We all know that our country is experiencing poverty which is when a family is poor; parents may not be able to send their children to school. That some young people prefer to work rather than study to help their families to provide for their daily necessities in their home which can lead to unemployment. We admit it that most of the company they are looking for the applicant who is college graduate rather than High School Graduate that is the situation in our country where High School graduates do not have the opportunity to have formal Job that has at least eight working hours a day, few have jobs but they are considered as underemployed.

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We will notice in the Filipino culture that even at the age of 18 years old and above it still depends on their parents if we compare it to the United States of America that when 18 years old above they become independent of their parents they are looking for a job through it he can provide for his own needs and it will no longer depend on his parents. The Government is responsible for reducing Unemployment; perhaps they are the ones whom one implementing laws. When the Unemployment rate in our country drops, our country will have economic growth. In our time where we are experiencing a serious problem in our country caused by the Corona Virus, perhaps too many Filipinos have lost their jobs because the companies they work for have closed so the rate of unemployment is being doubled since the pandemic start that has an adverse effect in out Economic growth. In which our Gross Domestic Product (GDP) has dropped to -9.5% this is the lowest GDP rate in the Philippine History but with this drop of the GDP rate, many Filipino’s are still hoping that our Economy will be rise again. After analyzing the results of the data gathered through surveying the method, the researchers conclude that there is a relationship between economic growth and unemployment. Unemployment in the Philippines is due to a variety of factors, such as educational attainment, overpopulation, an oversupply of the working population, particularly in industries, and the failure to accept available jobs. According to the result of the survey with the help of our respondents, the main reason for unemployment is Lack of Educational Attainment and this can affect them on finding jobs. We know that the Philippines is an overcrowded country and that, as our population continues to rise, many people are also suffering from poverty, so that many people are unable to take up college because of their lack of income, which causes their children to be unable to take up college. Many young people tend to work only, rather than continuing their studies

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The Respondents gives an idea about the reasons or factors of declining's Philippine Economy they said that the following reasons are: temporarily closed of tourist attractions, Unable to export natural resources to other countries, Lack of investments, Closure of Companies, and Other reason that may decline our Economy. Governance can also affect economic growth in a good way and bad way, Good governance contributes to minimizing job unemployment, increasing public support and it helps even in a simple way. Bad governance contributes to unstable decision-making, brings down the whole economy, Corruption and increases unemployment. The government and DOLE (Department of Labor and Employment) should have to resolve the problem of unemployment by Giving Job Opportunities to High School Graduate and Undergraduate Students. The TESDA program has built a bridge between employees and jobs through major programs. These include Job Scholarship Training Program (TWSP), Industry-based TWSP (I-TWSP), Private School Student Financial Assistance Program (PESFA), Youth Skills Training, and  Ulama . The unemployment rate will decline for all of these measures and more than hundreds of thousands of people. This kind of solution to unemployment helps to lessen the number of Unemployment in the Philippines.

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The possible solution to improve the Philippine economy is we need to help local businesses, to protect our environment, less to the point that the economy will crash, Be responsible and resourceful for helping the economy of the Philippines. The Filipino labor force needs more money. Only then would development become more inclusive, generating more and better jobs. This money needs to come from the government to spend more on infrastructure and education, and it needs to come from companies that invest more; both large and small. The growth of the Philippines is still in the hands of each person how we can grow our economy, but there are still people who can do and will do anything they do not want to do, so they can be disciplined by the failure of our economy, and we are smart individuals for the development of our country.

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Based on findings, it is recommended to reduce Occupational Immobility. Reducing occupational immobility is one possible solution that can be applied to the Philippines. There is an oversupply of workers and a good amount of graduates every year who fall into unemployment. By enlisting them in retraining courses, they can gain new skills that are necessary to garner them a place in the workforce. Also Subsidizing employers that employ unemployed workers can help address the problem of unemployment in the Philippines. However, this method can place a strain on the government budget, depending on how much subsidies the government provides. to achieve economic growth with adequate protection of the country's biological resources and its diversity, vital ecosystem functions, and overall environmental quality. The PSSD has for its core several implementing strategies. This is aimed at resolving and reconciling the diverse and sometimes conflicting environmental, demographic, economic and natural resource use issues arising from the country development efforts. The strategies are integration of environmental considerations in decision-making, proper pricing of natural resources, property rights reform, establishment of an integrated protected areas system, rehabilitation of degraded ecosystems, strengthening of residuals management in industry (pollution control),integration of population concerns and social welfare in development planning, inducing growth in rural areas, promotion of environmental education, and strengthening of citizen's participation and constituency building..

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PRESENTATION AND INTERPRETATION OF DATA ANALYSIS

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This graphical representation shows if the respondents have a job or do not have a job. According to the Pie Graph, we can see on the right side of the graph there are a variety of colors that indicates whether they have a job or do not have one. According to the graph, the blue side illustrates that the respondent has a job while the red indicates that they do not have a job. As we can see in the graph, Blue has 40% out of 10 respondents, if we calculate the whole number the number of people that have a job is 4 out of 10 respondents, likely, the respondents do not care about the disease that can be caused by the pandemic we are experiencing and they just choose to work rather than stay in their home because when it is only in their home, their family will have no income. At this time of the pandemic, many families are experiencing a shortage of income. What they always in their mind is where they will get money to provide for their needs, so this is why they will work even if there is a contagious virus in our surroundings. The red has a percentage of 60% out of 10 respondents.

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If we calculate it into a whole number the number of people that do not have a job is 6 out of 10 respondents. The possible reason why they are unemployed if we notice the impact of the pandemic on our country that will almost collapse our economy where many businesses were closed and went bankrupt this is the reason why many were unemployed during the pandemic. Perhaps the reason is in the employee where he/she wants to avoid the risk of infectious disease caused by the pandemic that we are experiencing which they prefer to stay at home and stay safe than to be infected by the disease.

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If you have a job: What is you occupation?

If you have a job: What is your occupation? -6 responses Kitchen Supervisor Flight Attendant Selling Quality Controller Customer Service Financial/Collection Advisor

As an additional question, we ask the Respondents if they have a job, so what are their occupations. The Respondents said they are a Kitchen Supervisor, Flight Attendant, Quality Controller, Customer Service, and Financial / Collection Advisor. This Information from the respondents indicates that it is difficult to leave their jobs where they can earn a lot of money that will help their family to provide their daily necessities

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If you do not have job: Do you have a sideline jobs?

Series 1 Certified English Teacher Freelance Graphic Designer Clothing Botique No Nope  None  Nothing 1 1 1 1 1 2 1

As an additional question, we ask the Respondents if they do not have a job: do they have sideline jobs. The Respondents said they are Certified English teacher that tutors students, Freelance Graphic Designer, and one respondent said that they have a business which is a clothing boutique but, other respondents said that they do not have sidelines. The information that we gathered from our respondents indicates that despite being unemployed they still have a sideline in which they are earning money for their family but, some of the respondents said that they do not have sidelines or source of income.

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Do you think that unemployment is still a problem of our country?

This graphical representation shows the respondents' perspective about if unemployment is still a problem in our country. Based on the given question which, stated if Unemployment is still a problem in our country. According to the graph, the blue side indicates yes while the red corresponds to No. As we can see on the graph, the blue side has 100% where the respondents said that Unemployment remains a problem in our country. If we notice in the news articles, stated that many Filipinos lost their jobs not only during the pandemic but, also in the past years this is still one of the problems of our country only last year which is the year 2020 the number of unemployed who raised more than in the past years.

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What do you think are the main reason of unemployment?

Sales Educational Attainment  Over Population  Over Supply of Labor Lack of Knowledge 5 4 1 0

These graphical representations show that why do they think are the main reason for Unemployment. As we can see on the graph, different colors indicate the reasons for Unemployment. Blue refers to Educational Attainment, Red refers to Overpopulation, Yellow refers to the oversupply of labor lastly, Green refers to Lack of Knowledge. According to the Graph, The Blue color has 50% out of 10 respondents, if we convert it into the whole number, the number of people who said that the reason for Unemployment is Educational Attainment are 5 out of 10 respondents.

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If we notice that other jobs have required educational attainment, it is either a High School Graduate or College Graduate but, Mostly College Graduate is what other companies are looking for because maybe what companies are considering is the degree of knowledge that someone has a preference. They are preferred to choose the people that have a degree rather than the High School Graduate only. The Red color has 40% out of 10 respondents if, we convert it into the whole number, the number of people who said that the reason for Unemployment is Overpopulation is 4 out of 10 respondents. It indicates that if the country is overpopulated there are fewer jobs to support a large number of people. The Yellow has 10% out of 10 respondents if, we convert it into a whole number the number of people who said that the reason for unemployment is an oversupply of labor is 1 out of 10 respondents while the green doesn’t have a vote.

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Do you think that the unemployment rises due to the covid virus pandemic?

These graphical representations show that do they think that Unemployment rises due to the Coronavirus or Covid-19. As we can see on the graph, there are a variety of colors that corresponds if unemployment rises due to the Covid-19. The Blue color indicates yes while Red indicates no. According to the data, we have gathered, the Blue color has a 100%, which means that Unemployment increased due to the Covid-19 Pandemic. If we notice our economy, many businesses and companies have closed down because of the pandemic we are experiencing in which many companies have closed down and gone bankrupt due to the rising unemployment rate of our country.

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What do you think are the reason why unemployment rises due to corona virus pandemic?

As an additional question. We ask the Respondents what they think are the reasons why unemployment rises due to the Coronavirus. The Respondents said that the reasons are Health risk factors, Lack of Transportations, Reducing of Employees, Many businesses or companies need to stop their operations, lack of income of the company that cannot support paying the salaries of the workers, shutdown of the companies.

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From your observations before the pandemic, Do you think that the economy of the Philippines is developing?

These graphical representations show that from their observations before the pandemic, do they think that the economy of the Philippines is developing. As we can see on the graph, there are a variety of colors that correspond if the Philippines are improving before the pandemic. The Blue color indicates yes while Orange indicates No. According to the data that we have gathered from our Respondents, the Blue color has 50% out of 10 respondents, if we calculate it into a whole number, the number of respondents said that the Philippines are developing are 5 out of 10 Respondents. While the Red color has the same percentage, which is 50% out of 10 respondents it is also the same with blue that has 5 out of 10 respondents. The reason why several respondents think that the Philippines is developing while others say that the Philippines will not be developed before the pandemic starts.

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This is probably the Sustainable Development Goal (SDGs) is not yet fully accomplished in our country in which the objective of this goal is to end poverty in a country. This SDG has a time frame of 15 years which is why some respondents said that the Philippines is not developing. This is because the goals of the SDGs have not been fully implemented yet we may see these developments in the future while others said that our country is developing before the pandemic, this may be because other goals in the SDGs have already been implemented in our country.

THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND UNEMPLOYMENT

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