Sunday, July 26, 2015

Restaurants vs. groceries

In the US, food consumed from restos & bars have overtaken food consumed from grocery stores (in terms of value in USD). I think a similar trend is happening in the Philippines with the proliferation of new restos and food concepts around the Metro.

Wednesday, July 22, 2015

Population pyramid of the Philippines: 2015 vs. 2040

By 2040, we'll feel the bulge in the middle, and those aged 15-24 will be the most populous (no longer those aged under 5). Source of data: PSA Census projections (medium assumption).

Monday, July 13, 2015

Historical Philippine unemployment data

The Philippine LFS or Labor Force Survey actually goes way back 1956. However, changes in definitions, sampling methodologies, etc. over the years have resulted in at least 6 distinct series of unemployment data that cannot be compared with one another one-for-one (see graph below).


So how do we assess the Philippines' unemployment situation? According to NEDA staff, indeed the best possible statement to make is that 2014's unemployment rate of 6.8% is the lowest since 2005, the earliest year against which today's unemployment data can be compared. (Still, one must be mindful that 2014 data exclude Reg. VIII due to Yolanda.)