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Who is Labor Secretary Rosalinda Baldoz trying to kid in insisting on a government figure showing less than 10 percent of the country’s labor force are unemployed?
The government, in repeating the figures from its self-serving surveys make Noynoy and everybody in his Cabinet look as if they live in a glass tower and never touching base with Filipinos.
The government uses a ridiculous formula in determining unemployment which does not consider those not looking for a job as unemployed even if they have grown tired of looking for a job because there is nothing to look for.
Also the formula in the labor force survey of the National Statistics Office (NSO) considers those working far less than eight hours and those who do jobs within their own family and do not get paid at all as being employed. A sub-category called underemployment is reserved for them but still they are reported as having jobs..... MORE
Source: The Daily Tribune