According to Philippine Statistics Authority’s Labor Force Survey, employment rate was estimated at 94.0 percent in May 2022 or 94 in every 100 persons in the labor force had a job or business in May 2022. This was higher than the 92.3 percent employment rate reported a year ago but lower than the employment rate of 94.3 percent in April 2022.
In terms of magnitude, 46.08 million out of 49.01 million Filipinos in the labor force 15 years old and over were employed in May 2022, posting an increase of 1.37 million from the 44.72 million employed persons in May 2021.
By sex, in May 2022, Labor Force Participation Rate (LFPR) among males (75.5%) was higher compared to females (52.5%). Similarly, employment rate was slightly higher among males at 94.1 percent than their female counterpart at 94.0 percent.
However, based on the Gallup Survey under “State of the Global Workplace: 2022 Report”, Pinoy workers are the most stressed among the South East Asian Countries such as Thailand, Cambodia, Myanmar, Vietnam, Singapore, Laos, Malaysia, and Indonesia.
The leading causes of their stress include contractual work terms, low salary, heavy traffic, and the present pandemic situation.
Compared to the Philippines that ranked first in the survey with 50%, Thailand ranked second 9% lower with 41%, Cambodia ranked third with 38%, Myanmar ranked fourth with 37%, Vietnam with 35%, Singapore with 34%, Laos with 32%, Malaysia with 27%, and Indonesia with 20%, respectively.
As per Federation of Free Workers (FFW) Vice President Julius Cainglet, most stressed laborers are those in contractual work terms. “Isipin mo na nagtatrabaho ka ng buong hirap, tapos sisipain ka lang sa ikalima mong buwan dahil umiiwas ang employer mo sa regularisasyon,” said Cainglet.
He added that nothing is more stressing than thinking if continuing your job over those four months will still be worth your time and effort.
Under the Labor Code, an employee will automatically become a regular employee when he/she reached six months in a company in a year.
The succeeding determinants of stress are low salary, heavy traffic, and the pandemic. Cainglet referred the sitatuation as “very alarming”. Further, Pinoy workers are also included in the “unhealthy” category.
To address the issue, Cainglet said that employers should speak to their employees and listen to their sentiments in order to lessen their stress.
Reference: Pinoy Star Ngayon Digital
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