Apart from local unemployment, brain-drain or the immigration of local Filipino experts and talents to other countries, seems to be a predicament in the country. What do you think can the government do to address this problem?

Apart from local unemployment, brain-drain or the immigration of local Filipino experts and talents to other countries, seems to be a predicament in the country. What do you think can the government do to address this problem?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Apart from local unemployment, brain-drain or the immigration of local Filipino
experts and talents to other countries, seems to be a predicament in the country. What
do you think can the government do to address this problem?

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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