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In 2010, the Philippines was then declared the world's BPO capital. From this point, the BPO industry continued to grow and generate more revenue, with the industry providing the most job opportunities in the private sector. [2] Since the 1980s, the unemployment rate stayed between 8-11% in the Philippines.
The Department of Labor & Employment (DOLE) was founded on December 8, 1933, via Act No. 4121 by the Philippine Legislature. It was renamed as Ministry of Labor and Employment in 1978. The agency was renamed as a department after the People Power Revolution in 1986. [4]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Only 15-25% of jobs in the Philippines are provided for the nursing population. The remainder of the work force go on to seek out other professional career opportunities outside the country. Per year, the national government has approximately 18,000 nursing positions with an eventual turnover of 1,000 careers.
From this job mismatch problem also arises the educated unemployed. In 2010, the unemployment rate among the college educated is about 11%. Some have difficulty in finding an appropriate job for the degree they have. Others, on the other hand, have higher reservation wages and can afford to wait for better opportunities. [19]
In 1866, the total population of the Philippines was 4,411,261. The total number of public schools for boys was 841, and the number of public schools for girls was 833. The total number of children attending those schools was 135,098 for boys and 95,260 for girls.
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