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2011 Philippine Economic Crisis Analysis by ibonsurveys is a document available to read on EtoBox.
What is 2011 Philippine Economic Crisis Analysis about?
The document summarizes the economic situation in the Philippines in 2011. It notes that while the Aquino administration launched a political offensive targeting the previous administration, the economy was slowing down and unemployment was rising. The global jobs crisis led to mass layoffs in export industries in the Philippines. Unemployment increased between 2008-2009 and 2009-2010. An estimated 11.5 million Filipinos needed jobs in 2011, composed of 4.3 million unemployed and 7.2 million underemployed.
- Author
- ibonsurveys
- Language
- EN