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In the Philippines, the Trade Union Congress of the Philippines is the largest union and confederation of 30 labor federations in the country which come from a wide range of sectors. [36] As of 2009, there are a total of 34,320 unions with consist of members summing up to 2.6 million. [37]
It also helps to address the government's efforts of creating 2 million jobs per year to be able to neutralize the rate of unemployment in the country. The Philippine Congress then passed the Freeport Area of Bataan Act (Republic Act 9728), which was enacted into law on October 23, 2009.
The region posted the second highest average annual family income in Mindanao in 2009, although lower than the national average. Between 2006 and 2009, annual family income increased by 16.2 percent from PHP 142,000 to PHP 165,000. On the average, incomes rose by 5.4 percent annually exceeding the region‟s RDP target of five percent.
The hope that unemployment in the largest nations will peak at 8 percent or even 9 percent appears to be going away. That means that even the currently planned stimulus packages in places like the ...
There are a lot of people out of work, which is the norm during a recession. There are almost no jobs available, which is a bit unusual during a recovery. According to the The New York Times, a ...
As my colleague Douglas McIntyre described in "Unemployment problems are worse than meet the eye," unemployment in this recession is different -- what many are calling structural unemployment ...
This Act converted Bataan Export Processing Zone/Bataan Economic Zone (BEPZ/BEZ), the first official economic zone in the Philippines located in Mariveles, Bataan, into Freeport Area of Bataan (FAB), and created Authority of the Freeport Area of Bataan (AFAB) which started the eight-month transition period of the zone's operations and ...
Unemployment in Mexico 2009. The state of being without any work yet looking for work is called unemployment. Economists distinguish between various overlapping types of and theories of unemployment, including cyclical or Keynesian unemployment, frictional unemployment, structural unemployment and classical unemployment definition. Some ...