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Key Indicators of the Labor Market and Global Employment Trends 2012

Key Indicators of the Labor Market and Global Employment Trends 2012. Director Lawrence Jeff Johnson ILO Country Office for the Philippines. 12 th National PESO Congress 11 October 2012 Baguio City. ILO Global Employment Trends. ILO Global Employment Trends.

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Key Indicators of the Labor Market and Global Employment Trends 2012

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  1. Key Indicators of the Labor Market and Global Employment Trends 2012 Director Lawrence Jeff JohnsonILO Country Office for the Philippines 12th National PESO Congress11 October 2012 Baguio City

  2. ILO Global Employment Trends

  3. ILO Global Employment Trends

  4. Unemployment: tip of the iceberg = Workers in vulnerable employment globally 2011is estimated at 1.52 billionincrease of 136 million since 2000 and of nearly 23 million since 2009

  5. Labour Productivity Growth ASEAN Source: ILO / Key Indicators of the Labor Market, 7thed, 2011

  6. Philippine Labour Productivity Source: ILO / Key Indicators of the Labor Market 7thed, 2011

  7. Unemployment Rate Source: ILO / Key Indicators of the Labor Market 7thed, 2011

  8. Philippines: Unemployment Rate Source: NSO’s Labor Force Survey (LFS).

  9. Vulnerable Employment Source: ILO / Key Indicators of the Labor Market 7thed, 2011

  10. Philippines: Vulnerable Employment Source: Constructed from estimates from the NSO’s Labor Force Survey given years

  11. Philippine Employment by Sector Source: ILO / Key Indicators of the Labor Market 7thed, 2011

  12. Supply and Demand of Workers Source: National Human Resources Summit, 2007

  13. Not just the level of growth “We will only get the recovery right if we take a holistic approach to managing the economy—one that focuses not only on standard macroeconomic and financial policies, but also on job creation and social protection.” - International Monetary Fund, 2011

  14. ILO Decent Work Strategic Pillars • Fundamental Principles & Rights at Work • Employment Opportunities • Social Protection • Social Dialogue and Tripartism

  15. Increased Demand & Well-Being Increased Technological Change Sustainable & Expanding Growth Poverty Alleviation Increased Demand, Increased Output Decent Work & Employment Growth IncreasedReal Earnings & Social Benefits Technological Improvements Productivity & Output Growth Increased Investments & Demand Poverty Alleviation Increased Well-Being & Diminished Inequality Virtuous spiral Increased Real Wages Increased Earnings Increased Productivity

  16. In pursuit of inclusive growth High-growth” Industries: • Agribusiness • Business Process Outsourcing • Creative Industries • Infrastructure • Manufacturing and Logistics • Mining • Tourism, Medical Travel, and Retirement Joint Foreign Chambers of the Philippines

  17. Labour Market Information System Development and Flow LMI Collection (NSO, etc) LMI Collection (NSO, etc) Policy Formulation Dissemination of LMI Analysis Dissemination of LMI Policy Formulation Analysis

  18. LMI Initiatives Support to the NSO in defining a sample to produce provincial level estimates Survey on Children PESO Kit and Capacity Building on Employment Services Philippines Employment Projections Model

  19. Thank you For more information, please contact: ILO Country Office for the Philippines Tel: 63 2 580 9900, Fax: 63 2 856 7597 E-mail: manila@ilo.org www.ilo.org/manila

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