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Labor, employment and human resource development; Maintenance of industrial peace; Promotion of employer-employee cooperation; Labor education, standards and statistics; Organization of the labor market including recruitment, training and placement of workers and exports of human resources; Foreign workers in the Philippines
The Labor Code of the Philippines governs employment practices and labor relations in the Philippines. It also identifies the rules and standards regarding employment such as pre-employment policies, labor conditions, wage rate, work hours, employee benefits, and termination of employees.
Labor standards and statistics Organization and development of the labor market including the recruitment, training and placement of manpower Members, 18th Congress
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
This compelled the Marcos administration to create a short-term labor policy that included overseas employment. [5] In 1974—two years after Marcos' proclamation of martial law—the Philippine government came up with the Labor Code of the Philippines (Presidential Decree 442, series 1974), which included Filipino migrant workers in its scope ...
Based on the data gathered by the Philippine Statistics Authority, the region with the highest income is the National Capital region while the lowest is that of the ARMM. More recently in 2018, ARMM had the lowest average gross regional domestic product (Per Capita); the number sits at 0.5%. [35]
The Department of Labor and Employment (DOLE) was founded on December 8, 1933, by virtue of Act No. 4121 of the Philippine Legislature. It was renamed as the Ministry of Labor and Employment in 1978. The agency was reverted to its original name after the People Power Revolution in 1986. [4]
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.