Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93540 
Year of Publication: 
2014
Series/Report no.: 
UPSE Discussion Paper No. 2014-01
Publisher: 
University of the Philippines, School of Economics (UPSE), Quezon City
Abstract: 
The government is rightly concerned with employment generation to make growth inclusive. The use of the open unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the absence of unemployment insurance, open unemployment is primarily a middle-class phenomenon: the unemployed are not predominantly poor, and the poor are not predominantly unemployed. Measures of productivity and shifts of labour across sectors may contain more information.
Subjects: 
unemployment
underemployment
labour force
welfare
poverty
JEL: 
J21
I32
Document Type: 
Working Paper

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