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Philippines - LABOUR MARKET |
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Labour market indicators
Unemployment rate in
2001
:
9.8%
(ILO data)
Working population:
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Year
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Total Population
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Working population
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Activity rate
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2004
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82 986 912
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35 513 420
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43%
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Employment by sector:
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Year
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Agriculture
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Industry
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Services
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2001
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37.4%
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15.6%
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47%
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| Sources: ILO, Eurostat, last available data |
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Employment contracts
Employment contracts are regulated by legal clauses and to a lesser degree by collective agreements and individual negotiations.
The terms employment contracts are extremely rigid.
Salaries
National monthly minimum wage as of
01/01/2003
:
varies beetween US$ 2.45 and US$ 4.55 by day
Average wage for a
employee
in the manufacturing industry in
1998
:
7,734
pesos
by
month
(ILO data)
Social security contributions
Employer:
5,6 %.
Employee:
3.76 %.
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Number of hours
Legal definition of full time work (per week):
40 or 48 hours
Retirement age:
60
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Unions
Average rate of union membership:
5 %.
Unions:
The two main groups of trade unions are TUCP and FFW. They are affiliated to the international Confederation of Free Trade Unions (ICFTU ) and to the Worldwide Confederation of Labour ( WCL).
Useful links
For further informations on the labour market, check out the following web sites:
- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets
- NATLEX : ILO database on national labour laws
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Bureau of Labor and Employment Statistics (BLES)
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Department of Labor and Employment
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Last modified in
January 2006
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