Unemployment protection in the Philippines

Unemployment, of the involuntary type, results from changes in labour demand structure or from cyclical fluctuations in the economy. Structural changes often come about as a natural consequence of economic growth where the sources of growth shift from low-productivity to high-productivity sectors. They can also be caused by a sudden shock affecting one or more sectors, for instance, through terms-of-trade changes in relevant inputs and outputs. Cyclical factors can stem from changes in domestic or external aggregate demand. Finally, unemployment can also result from changes at the individual level that affect workers’ ability to work. Regardless of the reason, individuals who become unemployed should still be able to live decent lives.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities

Peace, Justice and Strong Institutions