“Most unemployed people are not poor; and most of the poor are not unemployed.” At first glance this statement may seem absurd but in reality it is the reality that afflicts our country today. First, it is well established that unemployment leads to the prevalence of poverty, but why would the poor in the Philippines actually be among the employed? Emmanuel S. de Dios and Katrina I. Dinglasan have adequately responded to this puzzling phenomenon with historical data and mathematical calculations, thus demonstrating that “unemployment” is not an effective measure of well-being, that is, in our country. The Philippines in its current state cannot be painted in its best image, it is therefore on unstable grounds both economically and socially. Poverty, crimes, corruption and much more plague the society and with these trends the Philippines cannot be expected to bounce back easily with a few gestures here and there but with radical action from both its government and its people. “There is no system of unemployment or social benefits” It is an undeniable fact that the Philippines, compared to its wealthier counterparts (a comparison that explicitly shows our country's long journey to prosperity) lacks a system of social benefits, even if its population deserves one. Given that the Philippine government charges high taxes on everyone, it is surprising that the share of everything we earn given over to the government does not come back to us when in reality it is their duty to facilitate these efforts. Social benefits are just one such effort, but it appears that this is far from being as fully organized as other government efforts. As long as corruption and disorder persist in the system, there is nothing the citizen can... middle of paper......Authority to escape). With TESDA, people who want to be more competitive in the workforce can be trained at minimal cost, allowing them to master skills required primarily in labor-intensive industries that command higher wages. Consequently, if the government manages to improve its human capital there will come a time when the workforce will have higher bargaining power by guaranteeing them higher wages and salaries. As the quality of work increases, more investment will be encouraged into the country, and as investment increases overall prices and wages will come into equilibrium where, hopefully, the cost of living will be better. All in all, with the increase in the quality of work that our country can offer, the positive consequences will unfold one after another producing great improvements that can be quantified using the multiplier effect.
tags