snapshot of non-inclusive growth evidence from philippine employment trends in 2001-2009快照non-inclusive增长来自菲律宾在2001 - 2009年就业趋势的证据.pdfVIP

Modern Economy, 2012, 3, 832-836 /10.4236/me.2012.37106 Published Online November 2012 (http://www.SciRP.org/journal/me) Snapshot of Non-Inclusive Growth: Evidence from Philippine Employment Trends in 2001-2009 * Ronald U. Mendoza , Padmini Mahurkar Asian Institute of Management (AIM) Policy Center, Makati City, Philippines * Email: rumendoza@ Received September 4, 2012; revised October 8, 2012; accepted October 17, 2012 ABSTRACT This article briefly examines the Philippines’ pattern of job creation during the period 2001-2009 in order to help ex- plain why growth during this period failed to translate into poverty reduction. An analysis of disaggregated employment and sectoral output data provides a much more nuanced picture of the types and sectors of jobs created during the last decade. The empirical evidence suggests that employment creation was inadequate, and skewed in favor of high skilled workers even across industries. Based on these findings, promoting inclusive growth in the Philippines requires a robust job creation strategy in order to meet the growing labor force, along with mechanisms to ensure skill upgrading and better skills matching (notably for the young) as well as efforts to bring even lower skilled workers into the formal sec- tor. Keywords: Inclusive Growth; Employment Elasticity of Growth; Informality 1. Introduction jobs created during the last decade. The empirical evi- dence suggests that employment creation was inadequate, In the last decade, P