History has done wonders for how economists view conditions in different nations, whether it be aggregate output or policies implemented by the government and central bank. Now, it's quite interesting to note that unemployment, as I've been studying over the past few weeks, points to a very different realization when applied to the Philippine context. It's as if unemployment in our country is wearing a mask that hides the fact that the government, despite its good intentions, is failing to address the most pressing problem we have, which is poverty. “The poor cannot afford to be unemployed” The above statement may well describe how unemployment represents a false indicator of the country's development in terms of workforce. Another concern would be that, as a student, it is disconcerting to find that the effects of unemployment are not what I thought they would be in our country. I was momentarily blinded by simply accepting the idea that unemployment in other developed countries would imply the same thing here in the Philippines. Moving from all this, it may be an opportune time to move away from the façade that unemployment in the country has instilled in our minds, as we need to examine the situation at hand with a clearer sense of purpose to uncover the truth and identify the problem. real problem that not only the government should take action on, but also Filipinos as a whole. For starters, it is much more reasonable to believe that unemployment figures here are very different than in other countries; First of all, it is clear that we lack a system of social benefits that can help the unemployed find work. As if that were not enough, it is alarming to discover that our problem does not lie only... in the middle of the paper... nor in the development of the skills of those with a lower level of education than others. Therefore, the problem would not be solved by just creating jobs, but by giving Filipinos quality jobs that would boost their morale and provide them with long-term financial resources. Returning to the special economic zones, I realized that their establishment would still remain effective. since it would provide a venue for employment which could reduce unemployment – although this has little meaning for poverty, as explained above – in the long run it would increase wages as the demand for skilled workers will increase the bargaining power of our farmers . Furthermore, with a positive sense of the future we can deduce that these zones would lead to Filipinos getting what they truly deserve, one of which would be sufficient wages and adequate benefits for their hard work..
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