A great Analysis in Factors that Affect
Joblessness Rate: The Philippine Case
An empirical paper
Doctor Cesar Rufino
School of Economics
De La Salle School
In partially fulfillment of the course
requirements in ECONMET
Submitted by simply:
Ramon Mikael S. Cabazor
April doze, 2014
Stand of Items
Qualifications of the Study
Statement in the Problem and Objective
Relevance of the Study
Scope and Limitation
Review of Related Literature
Joblessness and its Effect on Economic growth
Unemployment and Population Progress
Unemployment and Government Spending
Unemployment and Fuel Imports
Description of Parameters
Test pertaining to Omitted Changing Bias
Test for Multicollinearity
Test for Autocorrelation
Check for Heteroscedasticity
Exploration of Results and Conclusion
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History of the Analyze
The Philippines is now amongst those economies that are developing at a rapid rate, submitting a several. 2% GROSS DOMESTIC PRODUCT growth since 2013 (National Statistics Coordination Board, 2014). However , this is certainly far from inclusive as confirmed by the number of unemployed Filipinos growing to more than doze million individuals, which is converted to a 28. 5% lack of employment rate (Antonio, de Property, & Esguerra, 2014). This is certainly a big difficulty since a single out of every several Filipinos which might be actively seeking a career cannot find one, which means that they are deprived of the stable income source to support the requirements.
Recognizing this problem, the government features certain organizations and offices that are designed to support citizens enhance their employment prospects and area jobs, like the Bureau of Local Work (BLE) that delivers career guides, the Filipino Overseas
Employment Agency (POEA) that is the link to overseas employment opportunities, and the Specialized Education and Skills Development
development training courses. However , the question on whether or not these firms work of course, if these are enough for each of our country continue to be unanswered.
It is through this background the researcher decided to study regarding unemployment in the Philippines, and identify what particular elements can affect the rise or decline in the number of used people, in order for the country is often more productive and competitive especially in light in the upcoming ASEAN
Economic Community in 2015.
Statement from the Problem and Objective
This kind of paper aims to identify if perhaps population development, government spending, and gasoline imports have an impact on the joblessness rate. This kind of paper also aims to measure the extent through which these parameters affect the unemployment rate, and identify the relationships
Relevance of the Examine
The study attracts its significance from the reality unemployment is a very relevant concern at the present time, and from the different social and economic implications that joblessness can bring, just like low standards of living, low levels of productivity and output, likely rise in crime rates, migration, and political lack of stability, among others. Consequently, it is important to understand what
affects lack of employment rate to be able to produce solutions to countertop it.
Opportunity and Constraint
The study will probably be using time-series data for 32 years from 80 to 2012. The data is usually taken from the World Bank Info Bank and therefore are all extracted from the Thailand.
The regression and estimation will be completed using the software program Gretl. The study will only use the selected factors, namely, inhabitants growth, govt final ingestion expenditure, and fuel...
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Value and Quality Statement. Recovered March 28, 2014, by Technical
Education and Expertise Development Power: