The Philippines generates 3.3 million more jobs over a yearlong period, but 1.4 million of these new jobs are, by definition, 'unpaid work.'
MANILA, Philippines – The Philippine government’s economic team welcomed what they called the “recovery” of the country’s labor market on Tuesday, April 11, as unemployment continued its downtrend. But a closer look at the figures shows that a bulk of the new jobs generated were unpaid work.
However, data from the PSA also showed that almost 1.4 million or 41% of these new jobs are those held by people who reported that they have work in family businesses but are unpaid. The chart below shows that of the 3.3 million jobs added in the 12 months to February 2023, almost 1.4 million are considered unpaid work.
The number of wage and salary workers went up only 6.5% year-on-year to 29.7 million, equivalent to 1.8 million new workers of this classification.
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