Series: IMF Working Papers
Author(s): Ray Brooks
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2002
Keywords: employment, wage, minimum wage, unemployment rate, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence, and Job Search, Phillipines
Unemployment has remained high in the Philippines, at almost twice the level of neighboring countries, despite relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce un...