Questions


October 2022 2 3 Report
4. Unemployment and underemployment are the Philippines most important problems and the key indicators of the weaknesses of the economy. Today, around 4 million workers about 12% of the labor force) are unemployed and another 5 million around 17% of those employed) are underemployed. This reserve army workers is a reflection of what happens in the economy. particularly because of its incapacity to provide jobs to its growing labor force. The social costs of this mass unemployment range from income losses to severe social and psychological problems resulting from not having a job and feeling insecure about the future. Overall, it causes a massive social inefficiency.

1. What is the issue revealed in the text read?

2. Cite some words which will justify the issue through this word web.​

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