By Ellalyn De Vera-Ruiz
Unemployment among the Philippines has reached 22 percent or approximately 9.8 million individuals in the third quarter of 2018, from 19.7 percent or 8.6 million without jobs in the previous quarter, shows the latest social weather stations (SWS).
The nationwide survey conducted by September 15-23 with 1,500 respondents found that 22 percent of adult Filipinos do not have jobs in the past three months. This is 2.3 percent over 19.7 percent recorded in the second quarter of 2018
According to SWS, adult unemployment consists of those who volunteered to leave their old jobs, those who lost their jobs due to financial circumstances beyond their control, designated as dismissed and those seeking work for the first time.
Of the 22 percent unemployed, 9.2 percent (4.1 million adults) were interrupted (up two points from 6.8 percent in June 2018) 8.4 percent (3.7 million adults) volunteered their old jobs (1 , 1 percentage point from 9.5 percent in June) and 4.4 percent (2 million adults) is the first time jobseekers (an increase of 3.4 percent in June).
The 9.2 percent disengaged consisted of 6.6 percent, whose previous contracts were not renewed, 1.6 percent were dismissed and 1 percent whose employers closed the business.
Unemployment at most in Metro Manila
Adult unemployment was highest in Metro Manila of 26.4 percent (by 6.9 points from 19.4 percent in June 2018), followed by the rest of Luzon at 22.9 percent (by 3.5 points from 19.3 percent in June), Mindanao of 19.7 percent with 1.5 points from 21.2 percent in June) and Visayas at 19.6 percent (up 0.6 percent from 19 percent in June).
Unemployment higher among women
Unemployment was higher among women of 32.8 percent (by 6.7 percent from 26.1 percent in June 2018), compared with men of 14.3 percent (minus 1.3 percent from 15.6 percent in June).
Unemployment not more than 18-24 years
As before, the largest unemployment rate among the 18 to 24-year-olds was 40.1 percent (minus 4.3 percent from 44.4 percent in June 2018), followed by 25 to 34-year-olds of 25.5 percent (by 3.6 points from 29.1 percent), between 35 and 44 year olds at 20.5 percent, 4.8 percent from 15.7 percent) and between 45 years and over 16.9 percent (4.6 percent from 12.2 percent percent).
Net optimism about accessibility at work at "high" +24
The respondents were also asked, "Twelve months from now you think there will be more jobs, no change of job vacancies or fewer jobs?"
Optimism that there will be more jobs decreased by eight points from 47 percent in June 2018 to 39 percent in September 2018, while pessimism that there will be fewer jobs increased by a point from 15 percent to 16 percent.
The share that said there is no change in employment growth rose from 24 percent in June to 27 percent in September.