Chapter 2 Human Resources - Provincial Government of Cavite
Transcription
Chapter 2 Human Resources - Provincial Government of Cavite
Chapter 2 Human Resources CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Population Characteristics A Census of Population was conducted by the National Statistics Office in the year 2010. This census will become the main source of data in this Profile. During this census, the province of Cavite remains to be the most populous province in the country, and the CALABARZON region as the most populated region except the National Capital Region. The demographic analysis shall be based on the censal years of 2000 and 2010 in order to establish trending at an interval of 10 years. The 2011 population was projected using the computed participation rates and growth rates of each city/municipality. Data were subjected to geometric formulas to come up with the projected 2011 Cavite population. According to the National Statistics Office, as follows is the summary of population growth trend of the province of Cavite in the last three censuses: 1990 Population Philippines Cavite Population 2000 Population 60,703,810 1,152,534 2010 Population 76,506,928 2,063,161 1990-2000 Population Growth Rate 2000-2010 1990-2010 2.34 5.99 1.90 4.12 2.12 5.05 92,337,852 3,090,691 Similarly, Cavite also showed the fastest rate of population growth in the country. In the above table, the Cavite population almost doubled from 199: to 2::: and grew for another million in 2:1:. Cavite’s population was found to grow double the rate of how the Philippine population grows. 2011 Cavite Population and its Growth Trends The projected population for 2011 is projected using the 2010 data of Census of Population released in March 2012. The applied growth rate in the population projection was computed using the provincial populations of 2000 and 2010 which resulted to 4.12%. The projection resulted to a population of 3,225,156 (Table 2.1). This is higher by 134,465 individuals from the 2010 Census of Population. Table 2.1. Population, Province of Cavite: 1980, 1990, 2000 and 2010 Censal Year Population 1980 1990 2000 2010 771,230 1,152,534 2,063,161 3,090,691 Growth Rate (Cavite) Growth Rate (CALABARZON) Growth Rate (Philippines) 4.19% 4.10% 5.99% 4.12% 3.91% 3.07% 3.49% 2.34% 1.90% 2.12% Source: National Statistics Office The censuses in the past 3: years clearly show the population growth trends in Cavite. During the 198:’s we can say that the province is very spacey considering that the population density at that time is only 540 individuals for every square kilometer. Following censuses showed that the population always nearly doubled in a span of every ten years. The fastest rate of population growth was observed from year 1990 to 2000. This trend does not follow the general population trend of the country as well as of the region which showed descending pattern from 1990 to 2000. This period was the hype of industrialization in Cavite that drove the significant population in-migration. The decreasing population growth trend started to be observed from year 2000 to 2010. In contrary, the national population trend was increasing from 2000 to 2010. The peak of in-migration and population growth for that matter was met by the Province during its industrialization period. From 1990 to 2000, Cavite has become a prime Page | 11 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 destination of workers finding jobs at many industrial companies who chose to locate in Cavite. The same trend continued, but at a lesser pace, at the late part of 199:’s up to the earlier part of 2:::’s. During this period, the in-migration was largely affected by flocking of residents. A lot of residential areas were developed in Cavite ranging from resettlement and low-cost housing as well as high-end commercial residences. Workers from Metro Manila and nearby provinces chose to reside in Cavite due to low cost of living, peace and order situation and good transportation system. Figure 2.1. 3,500,000 Industrialization continued which resulted to more jobs. 3,090,691 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 Population by Censal Year, Province of Cavite: 1980, 1990, 1995, 2000, 2010 Population increase was driven by Cavite’s industrial revolution. 3,090,691 Construction of necessary infrastructure 2,063,161 followed. 3,000,000 2,500,000 2,063,161 2,000,000 1,152,534 1,500,000 1,000,000 1,000,000 1,152,534 771,320 500,000 500,000 0 0 1980 The population of Cavite from 1980 increased by more than 300% in thirty years. Page | 12 1980 1990 2000 1990 2000 2010 2010 The projected 2011 population is 3,225,156. This is higher by 134,456 individuals from 2010 census. The City of Dasmariñas remains to have the highest population among the cities and municipalities of Cavite. Its population alone account to 18.61% of the total provincial population. This is being followed by the municipality of Bacoor with 17.01% share. The third largest population is Imus with 9.77% share of the total population. The populations of these three towns continuously increase due to the urbanization that is inevitable in the area. These three towns already account to 45.39% of the total Cavite population. Among the seven districts, 6th District composed of Trece Martires City, Amadeo, Gen. Trias and Tanza is the most populated district. The sole district of Dasmariñas City comes in second in terms of population despite being a lone district. Its population is even way higher than that of 7th District composed of nine towns. 2nd District is the third most populated district. CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Table 2.2. Projected Population, Province of Cavite: 2011 City/Municipality 1st District Cavite City Kawit Noveleta Rosario 2nd District Bacoor 3rd District Imus 4th District City of Dasmariñas 5th District Carmona Gen. M. Alvarez Silang 6th District Trece Martires City Amadeo Gen Trias Tanza 7th District Tagaytay City Alfonso Gen. Aguinaldo Indang Magallanes Maragondon Mendez Naic Ternate Total 2000 Population 267,742 99,367 62,751 31,959 73,665 305,669 305,669 195,482 195,482 379,520 379,520 316,439 47,856 112,446 156,137 285,598 41,653 25,737 107,691 110,517 312,681 45,287 39,674 14,323 51,281 18,090 31,227 22,937 72,683 17,179 2,063,131 2010 Population 313,260 101,120 78,209 41,678 92,253 520,216 520,216 301,624 301,624 575,817 575,817 427,016 74,986 138,540 213,490 570,093 104,559 33,457 243,322 188,755 382,665 62,030 48,567 17,507 62,030 21,231 35,289 28,570 88,144 19,297 3,090,691 Projected 2011 Population 318,399 101,297 79,950 42,799 94,352 548,621 548,621 314,994 314,994 600,329 600,329 440,167 78,430 141,462 220,275 612,106 114,639 34,346 263,986 199,134 390,540 64,012 49,559 17,862 63,222 21,574 35,723 29,204 89,860 19,523 3,225,156 All of Cavite’s cities and municipalities experienced growth in terms of its population from the year 2000 to 2011. The highest growth was recorded at Trece Martires City with its population grew by 175.22% from 2000 to 2011. The drastic augmentation on its population can be attributed to the development of mass housing projects in the area. A total of 32 housing development projects were issued with permits and licenses by the Housing and Land-Use Regulatory Board (HLURB) and the National Housing Authority (NHA) from year 2000 to 2010. Most of the housing projects are considered low-cost housing that targets the middle and low-end market. Some other are resettlement sites identified by the government that catered to displaced families from Metro Manila. They were transferred due to reasons like they were previously classified as informal settlers or they are previously located to high-risk and hazardous areas, The second fastest growing municipality is Gen. Trias which grew by 145.13% from 2000 to 2011. The growth was driven by the economic growth in the area which is home to various industrial estates, one of which is the Gateway Business Park. Locators include multi-national companies that employ thousands of employees. Source: Provincial Planning and Development Office The industrial growth was complemented by the mushrooming of different housing developments in the area. There are also rise of leisure estates catering the expats like golf courses which in effect increased the employment opportunities in the municipality and served as come-on among jobseekers that eventually resided in Gen. Trias. Due to population saturation, Cavite City recorded the least growth of just 1.94% in eleven (11) years. There are events of outmigration in the area. This was also affected by the withdrawal of American troops at Sangley Point Naval Base from what is now the Naval Base Heracleo Alano. The land of the city is also fully utilized and the only room for expansion is through reclamation. In total, the population of the Province increased by 56.32% from 2000 up to 2011. Page | 13 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Figure 2.2. Projected Population by District, Province of Cavite: 2011 3rdDistrict 9.77% In-migration and Natural Births increases the population. 6th District 18.98% 1st District 9.87% 6th District 12.11% Out-migration and Natural Deaths decreases the population. 5th District 13.65% 4th District 18.61% 2nd District 17.01% Among the seven congressional districts, 6th District composed of Trece Martires City, Amadeo, Gen. Trias and Tanza has the highest population in Cavite that accounts to 18.98%. It is being followed by the lone district of City of Dasmariñas or 4th District with 18.61% of Cavite’s population. The third biggest District in terms of population is 2nd District, also a lone district of Bacoor. The three districts composed of six out of 23 localities in Cavite already accounts to more than half of the province’s population. This fact has very big impact in the matters of programming social services for the Cavite constituents. 5th District composed of Carmona, Gen. Mariano Alvarez and Silang is the fourth largest district when population is the parameter pegged at 13.65% share. 7th District follows with 12.11% composed of Tagaytay City, Alfonso, Gen. Aguinaldo, Indang, Magallanes, Maragondon, Mendez, Naic and Ternate. The highly urbanized 1st District is the sixth most populous district composed of Cavite City, Kawit, Noveleta and Rosario with 9.87% share in the total population. The least populated District is the lone district of Imus or 3rd District with 9.77%. Page | 14 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Population Density Population density is the measure of population per unit area. It determines the level of congestion in a particular area. The level of congestion has many impacts in the way of living and quality of life that the citizens have in that specific area. Though crude population density is not necessarily a development indicator, we may generally say if one place is suffering from congestion, we can expect poor quality of life among its inhabitants. People tend to compete in the access of various resources such as land, medical services, and educational services, among others. Overcrowding phenomenon is true among highly urbanized cities/municipalities in Cavite. As of 2011, the most congested town is the municipality of Rosario with its land area of only 567 hectares, it has a population density of 16,641 individuals per hectare. The same congestion is being experienced in the Municipality of Gen. Mariano Alvarez with 15,081 individuals per hectare. Figure 2.3. Population Density Map, Province of Cavite: 2011 (Projected using the 2010 Census of Population) Bacoor and Imus areas, among the most crowded in the province. Upland areas are less dense and are dominated with agricultural lands such as Amadeo, Silang, Indang and Magallanes, among others. Page | 15 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 7th District has the most manageable population density among the seven districts of Cavite with an average of only 591 individuals per square kilometer. The least dense municipality is also in 7th District , Magallanes with only 274 individuals per square kilometer. Based on the population density map, we can generally say that those areas that are near Metro Manila have high population density. The congestion being experienced by the municipality of Rosario is due to the fact that the town is home to one of the biggest economic zones in the country, the Cavite Economic Zone. It is also known as the cradle of Cavite’s second revolution, the industrial revolution. For this reason, the area attracted many in-migrants, initially coming in as workers and eventually settles in the area. On the other hand, the municipality of Gen. Mariano Alvarez has been the area of major resettlement projects in the province. 2nd District or Bacoor has the highest population density for a district. Table 2.3. City/Municipality Congestion in the municipality of Rosario is being driven by the presence of Cavite Economic Zone, the pioneer of industrialization in the province. More commonly known as EPZA, this industrial estate became the hub of employment opportunities. Page | 16 Population Density by City/Municipality, Province of Cavite: 2011 2010 Population Projected 2011 Population Land Area (in Hectares) Population Density 1st District 313,260 318,399 3,631 8,769 Cavite City Kawit Noveleta Rosario 101,120 78,209 41,678 92,253 101,297 79,950 42,799 94,352 1,183 1,340 541 567 8,563 5,966 7,911 16,641 2nd District 520,216 548,621 5,240 10,470 Bacoor 520,216 548,621 5,240 10,470 3rd District 301,624 314,994 9,701 3,247 Imus 301,624 314,994 9,701 3,247 4th District 575,817 600,329 8,234 7,291 Dasmariñas 575,817 600,329 8,234 7,291 5th District 427,016 440,167 19,671 2,238 Carmona Gen. M. Alvarez Silang 74,986 138,540 213,490 78,430 141,462 220,275 3,092 938 15,641 2,537 15,081 1,408 6th District 570,093 612,106 30,105 2,033 Trece Martires City Amadeo Gen Trias Tanza 104,559 33,457 243,322 188,755 114,639 34,346 263,986 199,134 3,917 4,790 11,768 9,630 2,927 717 2,243 2,068 7th District 382,665 390,540 66,124 591 62,030 48,567 17,507 62,030 21,231 35,289 28,570 88,144 19,297 64,012 49,559 17,862 63,222 21,574 35,723 29,204 89,860 19,523 6,615 6,460 5,103 8,920 7,860 16,549 1,667 8,600 4,350 968 767 350 709 274 216 1,752 1,045 449 3,090,691 3,225,156 142,706 2,260 Tagaytay City Alfonso Gen. Aguinaldo Indang Magallanes Maragondon Mendez Naic Ternate Total Source: Provincial Planning and Development Office CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Urban and Rural Population According to the latest National Statistical Coordination Board (NSCB) and National Statistics Office data, the Province of Cavite is a mix of urban and rural areas. In identifying the urban and rural areas in Cavite, the definition of the NSCB is being employed. The following is an excerpt from the website of NSCB: Urban/Rural Classification In the Philippines, “urban” areas fall under the following categories: 1. In their entirety, all municipal jurisdictions which, whether designated chartered cities, provincial capital or not, have a population density of at least 1,000 persons per square kilometer; 2. Poblaciones or central districts of municipalities and cities which have a population density of at least 500 persons square kilometer; 3. Poblaciones or central districts not included in (1) and (2) regardless of the population size which have the following: street pattern or network of streets in either parallel or right angel orientation; at least six establishments (commercial, manufacturing, recreational and/or personal services); at least three of the following: a town hall, church or chapel with religious service at least once a month; a public plaza, park or cemetery; a market place, or building, where trading activities are carried on at least once a week; a public building, like a school, hospital, puericulture and health center or library. 4. Barangays having at least 1,000 inhabitants which meet the conditions set forth in (3) above and where the occupation of the inhabitants is predominantly non-farming or fishing. Rural Areas - All poblaciones or central districts and all barrios that do not meet the requirements for classification of urban. Thirteen among the twenty three localities of Cavite are purely urban communities. In the totality, the province in terms of population is 88.91% urban and 11.09% rural. The First, Second, Third and Fourth Districts of Cavite are entirely urban. Generally, these are the lowland areas of Cavite and the center of business and commerce in the Province. Seventh District is dominated by partially rural municipalities except for Tagaytay City which is also a fully-urbanized city. The municipalities of Mendez and Naic are both approaching to become fully urbanized municipalities while Magallanes and Maragondon are the most rural areas (Table 2.4). Page | 17 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Table 2.4. Comparative Urban and Rural Population by City/Municipality, Province of Cavite: 2010 and 2011 2010 Population City/Municipality Total Population (no.) Urban Pop (no.) 2011 Population Rural Pop (no.) Total Population (no.) Urban Pop (no.) Rural Pop (no.) 1st District An urban center in Imus. Cavite City Kawit Noveleta Rosario 2nd District Bacoor 101,120 78,209 41,678 92,253 101,120 78,209 41,678 92,253 101,297 79,950 42,799 94,352 101,297 79,950 42,799 94,352 520,216 520,216 548,621 548,621 301,624 301,624 314,994 314,994 575,817 575,817 600,329 600,329 74,986 138,540 213,490 74,986 138,540 67,733 78,430 141,462 220,275 78,430 141,462 69,886 104,559 33,457 243,322 188,755 104,559 14,858 243,322 188,755 114,639 34,346 263,986 199,134 114,639 15,253 263,986 199,134 62,030 48,567 17,507 62,030 21,231 35,289 28,570 88,144 19,297 62,030 8,464 3,839 22,587 330 576 23,132 72,338 4,373 40,103 13,668 39,443 20,901 34,713 5,438 15,806 14,924 64,012 49,559 17,862 63,222 21,574 35,723 29,204 89,860 19,523 64,012 8,637 3,917 23,021 335 583 23,646 73,747 4,424 40,922 13,945 40,201 21,238 35,140 5,559 16,114 15,099 3,090,691 2,741,339 349,352 3,225,156 2,867,455 357,700 3rd District Imus 4th District A modern City of Dasmariñas 5th District residential development in urban areas in Cavite. Carmona Gen. M. Alvarez Silang 145,757 150,389 6th District Trece Martires City Amadeo Gen. Trias Tanza 18,599 19,093 7th District A retirement village in a rural community in Silang. Page | 18 Tagaytay City Alfonso Gen. Aguinaldo Indang Magallanes Maragondon Mendez Naic Ternate Provincial Total Source: Provincial Planning and Development Office Projected based on NSO Urban-Rural Population 2010 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Age Group and Dependency For every 100 working population, Cavite’s population is predominantly young. It is estimated that a total of 34.61% of the provincial population is non-working and belongs to ages 14 years old and below. The workforce population (15 to 64 years old, DOLE) on the other hand is estimated at 62.16%. The remaining 3.23% are the elderly or those that belong to age 65 and above. Table 2.5. Projected Population by Age Group, Province of Cavite: 2011 Age Group All Ages Under 1 1-4 5-9 10 - 14 15 - 19 20 - 24 25 - 29 30 - 34 35 - 39 40 - 44 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 - 74 75 - 79 80 & over 2010 % Distribution 3,225,156 83,666 330,166 374,738 327,693 310,641 321,474 287,041 273,146 235,370 191,579 143,919 110,417 70,294 61,009 41,922 27,408 17,256 17,416 100.00 2.59 10.24 11.62 10.16 9.63 9.97 8.90 8.47 7.30 5.94 4.46 3.42 2.18 1.89 1.30 0.85 0.54 0.54 Cumulative % 2.59 12.83 24.45 34.61 44.24 54.21 63.11 71.58 78.88 84.82 89.28 92.70 94.88 96.78 98.08 98.92 99.46 100.00 Less Cumulative % 100.00 97.41 87.17 75.55 65.39 55.76 45.79 36.89 28.42 21.12 15.18 10.72 7.30 5.12 3.22 1.92 1.08 0.54 there are 61 dependents, 51 are young dependents Source: Provincial Planning and Development Office Almost 71.58% of Cavite’s population is young. Meanwhile, we can also see that only 7.30% of the population belongs to age 55 and above. The vitality of Cavite’s economy can be attributed to its workforce that comprises the majority of its population at 62.16%. Among that, only 1.89% are considered to be senior citizens. In the national trend, a portion of the population that belongs to age 15 to 19 (9.63%) and 60 to 64 (1.89%) are considered to be not in the workforce. Those that are aged 15 to 19 are supposed to be attending schools while some of those in the age bracket 60 to 64 are already retired. The most number of population belongs to ages 5 to 9 and the least number belongs to age bracket 75 to 79. and 5 are old dependents. The dependency rate of the province is at 61%. This dependency rate translates to 61 dependents for every 100 working population in the province. Among these 61 dependents, 56 are young dependents and the remaining 5 are old dependents. Page | 19 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Figure 2.4. Estimated Distribution of Population, Province of Cavite: 2011 Elders Age 65 and above 104,002 3.22% Children Age 14 and below 1,116,262 34.61% Working Population 2,004,891 62.16% Households During the 2000 Census of Population, the average household size in Cavite is at 4.78. The high household sizes are generally high in the rural municipalities. This trend is generally being observed in the entire country. Families in the urban areas tend to have lesser number of children, thus, smaller household size. High household size in the rural areas is driven by strong family ties and extended households. The City of Dasmariñas which is also the most populous town in Cavite is having high household size at 4.81 which can be attributed to its high population and overcrowding specifically in the highly urbanized areas in the City. In total, there are 675,529 projected number of households in the province for 2011 (Table 2.6). The most number of households can be found in the City of Dasmariñas with 122,516. In the contrary, Gen. Aguinaldo only has 3,455 households in 2011. Page | 20 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Table 2.6. Projected Number of Households, Province of Cavite: 2011 City/Municipality Projected 2011 Population Household Size Projected Households 2011 1st District 318,399 4.63 68,681 Cavite City Kawit Noveleta Rosario 101,297 79,950 42,799 94,352 4.64 4.64 4.61 4.64 21,831 17,231 9,284 20,335 2nd District 548,621 4.77 115,015 Bacoor 548,621 4.77 115,015 3rd District 314,994 4.62 68,180 Imus 314,994 4.62 68,180 4 District 600,329 4.90 122,516 th Dasmariñas 600,329 4.90 122,516 5th District 440,167 4.82 90,396 Carmona Gen. M. Alvarez Silang 78,430 141,462 220,275 4.57 4.97 4.92 17,162 28,463 44,771 6th District 612,106 4.69 130,798 Trece Martires City Amadeo Gen Trias Tanza 114,639 34,346 263,986 199,134 4.71 4.69 4.60 4.77 24,340 7,323 57,388 41,747 7th District 390,540 4.94 79,942 64,012 49,559 17,862 63,222 21,574 35,723 29,204 89,860 19,523 3,225,156 4.91 4.93 5.17 4.82 5.29 4.97 4.81 4.75 4.85 4.78 13,037 10,053 3,455 13,117 4,078 7,188 6,072 18,918 4,025 675,529 Tagaytay City Alfonso Gen. Aguinaldo Indang Magallanes Maragondon Mendez Naic Ternate Total Household is defined as a social unit consisting of a person living alone or a group of persons who: (a) sleep in the same housing unit; and (b) have a common arrangement for the preparation and consumption of food. Source: Provincial Planning and Development Office Page | 21 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Language Communication is vital in the day to day endeavors of humans. There are many mediums in which people communicate and these determine the success of communication. Language is a vital tool in communication. In Cavite, the development is being aided by a universal language of Tagalog. This dialect is being used by majority of Caviteños accounting to 75.96% of the population. Being the national language, it is generally understood by all localities. This is helpful especially in the tourism sector in which language barrier problem can already be eliminated. Tagalog is seconded by Caviteño, another version of Tagalog but with some words that are just locally known to native Caviteños. Other major languages include Bisaya, Bikol and Waray. The diversity of languages is attributed to in-migration trend in the province. Figure 2.5. Estimated Language Share, Province of Cavite: 2011 Bikol 83,616 2.54% Waray 59,470 1.81% Others 272,626 8.28% Bisaya/ Binisaya, 87,163 , 2.65% Caviteño 288,966 8.77% Tagalog 2,502,216 75.96% Page | 22 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Religious Affiliations Due to the diversity of Cavite’s population, the population tends to also have miscellany of religions. Based on the 2::: Census of Population, the province is dominated by the longest running religion in the country, Catholicism. Estimating its membership in the province for the year 2011, Catholics in Cavite total to 2,799,308. The next leading religion in terms of affiliation is Iglesia ni Cristo with 114,173 or 3.54%. Other major religions are Evangelicals and Aglipayan. The prevalence of Catholicism is evident with the presence of century old Catholic churches in Cavite. The province is also home to many Catholic based events like Fiesta. The population is actively engaged in their religious affiliation and their involvement has reached that level of getting a seat at different councils of the government as religious representative. Figure 2.6. Religions, Province of Cavite: 2011 Evangelicals 2.54% Inside the Saint Gregory Parish Aglipayan Others 1.11% 6.01% Church at Indang, Cavite. Iglesia ni Cristo 3.54% Roman Catholic 86.80% An Evangelical Church altar. Iglesia ni Cristo, Lokal ng New Era at Dasmariñas, Cavite. Altar of Aglipayan Church in Cavite City. Page | 23 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Labor Force Here are 10 interesting 2011labor statistics in the Philippines: 39.2 million - Estimated labor force in the Philippines as of 2011. 36.3 million - Total number of employed workers in the Philippines as of 2011. 2.9 million - Total number of unemployed workers in the Philippines as of 2011. 4.6 million - Total number of employed workers in Region IV-A, the highest among the country’s regions as of 2:11. NCR is second with 4.4 million. 48.9% - Percentage of the total unemployed workforce (1.4 million) who are young workers aged 15 to 24 years old as of 2011. 3 in 5 - Proportion of unemployed Filipinos who are men as of 2011. 2 in 5 - Proportion of unemployed Filipinos who are women as of 2011. 564,000 - Number of college graduates who are unemployed as of 2011. 3.9 million - Stock estimate of employed Filipinos overseas with temporary contracts as of 2009, according to the Commission on Filipinos Overseas. 1.1 million - Total number of employed Filipinos overseas with temporary contracts in Saudi Arabia, the top destination of overseas workers as of 2009. The province of Cavite is experiencing difficulty in producing local statistics. The survey being conducted by the National Statistics Office relative to labor and employment is the Labor Force Survey. It is a nationally administered survey that primarily determines the level of employment, unemployment and underemployment in the country. Unfortunately, due to limited funding source of the government, the number of respondents can only be taken reliable at the regional level. Thus, the generated daae can only be used to analyze the regional situations. Table 2.7. Labor Statistics, CALABARZON: 2006 to 2010 CALABARZON Labor Statistics Labor Force (in thousands) Labor Force Participation Rate Employment Rate Unemployment Rate Underemployment Rate Male 2,660 77.6 88.9 11.1 21.2 2006 Female TOTAL 1,821 50.3 91.5 8.5 13.7 4,480 63.5 90.0 10.0 18.1 Source: Department of Labor and Employment (DOLE) - Cavite Page | 24 Male 2,708 77.0 89.8 10.2 18.2 2007 Female 1,868 50.2 92.2 7.8 11.8 TOTAL 4,577 63.3 90.8 9.2 15.6 Male 2,751 76.7 90.3 10.9 18.8 2008 Female TOTAL 1,872 48.9 91.3 8.7 12.3 4,623 62.3 90.0 10.0 16.1 Male 2,818 76.8 88.8 11.2 18.4 2009 Female TOTAL 1,985 50.6 90.7 9.3 13.8 4,803 63.2 89.6 10.4 16.5 Male 2,902 76.7 89.5 10.6 19.8 2010 Female 2,063 51.3 92.00 8.0 14.3 TOTAL 4,966 63.6 90.5 9.5 17.4 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 The latest labor statistics for CALABARZON is updated up to year 2010. In the year 2010, there are almost five million population included in the labor force. These values have been in increasing pattern since year 2006. In the contrary, the labor force participation rate did not show any significant change for the past five years. This reflects that the proportion of working age population in CALABARZON is almost stable at 60.00 to 65.00%. This poses lesser threat of having very young or very old population which tends to lessen the workforce, as in the case of other nations. The CALABARZON employment rate is also stable at around 90.00%. Despite being high, this is not a good value considering that it is way lower than the national employment rate of 92.70% in 2010. Employment rate is also higher among females as compared to male. On the other hand, more males than females are not satisfied with their current work and tend to look for better or additional employment (Table 2.7). Department of Labor and Employment (DOLE) – Cavite Accomplishments for year 2011 The DOLE is in charge of supervising the Public Employment Services Office or more commonly referred as PESO. According to the website of Bureau of Local Employment, the Public Employment Service Office or PESO is a non-fee charging multi-employment service facility or entity established or accredited pursuant to Republic Act No. 8759 otherwise known as the PESO Act of 1999. To carry out full employment and equality of employment opportunities for all, and for this purpose, to strengthen and expand the existing employment facilitation service machinery of the government particularly at the local levels there shall be established in all capital towns of provinces, key cities, and other strategic areas a Public Employment Service Office, Hereinafter referred to as PESO, which shall be community-based and maintained largely by local government units (LGUs) and a number of nongovernmental organizations (NGOs) or community-based organizations (CBOs) and state universities and colleges (SUCs). The PESOs shall be linked to the regional offices of the Department of Labor and Employment (DOLE) for coordination and technical supervision, and to the DOLE central office, to constitute the national employment service network. The functions of PESO are as follows: 1. Encourage employers to submit to the PESO on a regular basis a list of job vacancies in their respective establishments in 2. 3. 4. 5. 6. 7. 8. order to facilitate the exchange of labor market information services to job seekers and employers by providing employment services to job seeker, both for local and overseas employment, and recruitment assistance to employers; Develop and administer testing and evaluation instruments for effective job selection, training and counseling; Provide persons with entrepreneurship qualities access to the various livelihood and self-employment programs offered by both government and non-governmental organizations at the provincial/city/municipal/barangay levels by undertaking referrals for such programs; Undertake employability enhancement trainings/seminar for jobseekers as well as those would like to change career or enhance their employability. This function is presently supervised by TESDA and conducted by other training; Provide employment and occupational counseling, career guidance, mass motivation and values development activities; Conduct pre-employment counseling and orientation to prospective local and overseas workers; Provide reintegration assistance services to returning Filipino migrant workers: and Perform such functions as willfully carry out the objectives of this Act. For the year 2011, through the different PESO in the entire province, a total of 114,380 job vacancies were solicited from diverse employers in Cavite. There are only 73,181 registered applicants wherein only a total of 48,716 were placed. This equates to a Page | 25 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 placement rate of 66.57%. Likewise, out of the total available vacancies, there are only around 63.98% applicants who are willing to apply. Considering that not everyone will fit to the job they are applying to, only 42.59% of the vacancies were filled. These values indicate that the province is currently experiencing job mismatch, wherein the demand of the industry for manpower does not fit the qualifications of available workforce. This can be attributed to mismatched educational courses being offered in the province. The component of the total job vacancies solicited comes from: - Job Fairs Local Recruitment Activities (LRA) Special Recruitment Activities (SRA) Special Program for the Employment of Students (SPES) Workers Hiring Infrastructure Projects (WHIP) The mismatch is also evident in the performance of job fairs. For 2011, a total of 31 job fairs were organized by DOLE. A total of 37,791 jobs were solicited. Only 37,791 applicants registered to the fairs, equivalent to around 51.22% of the available jobs. Unfortunately, only 4,173 of the applicants were placed with a placement rate of 11.04%. The local PESOs also conducted Local Recruitment Activities or LRA. The consolidated jobs solicited in the entire province totaled to 11,098. The applicants for those jobs are only around 5,004 or 45.09%. The placement rate is only 33.37%. Under the Special Recruitment Activities, a total of 805 job openings were solicited. There are more than enough who applied for the jobs at 942 but due to mismatch, only 41 were placed equivalent to 4.4% placement rate. The SPES on the other hand, provided a total number of 1,244 jobs for students. This program is a great help to working students in order to support their studies. Likewise, 300 jobs were opened under the WHIP program. Out of its 340 applicants, only 80 were placed. The Department of Labor and Employment thru the Public Employment Services Office also provides career coaching, labor market information, employment coaching and capacity building. Page | 26 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Poverty Statistics (National Statistics Coordination Board, July 2011 release) Poverty threshold is defined as the sum of the food threshold and the non-food requirements. In the methodology being employed by the National Statistics Coordination Board (NSCB), the non-food requirements provide only the expenditures on basic non-food items. This includes clothing and footwear and other wears, fuel, light and water, housing maintenance and other minor repairs, rental of occupied dwelling units, medical care, education, transportation and communication, non-durable furnishings, household operations and personal care and effects but excludes alcoholic beverages, tobacco, recreation, durable furniture and equipment, miscellaneous expenditures and other expenditures. The raising factor is estimated from the consumption pattern of all Family Income and Expenditure Survey (FIES) families of size six by taking the average ratio of total food expenditures. The latest data on poverty threshold is up to 2009 released by the National Statistics Coordination Board (NSCB). In 2009, a Caviteño family needs to earn at least Php20,163 annually or Php1,680.25 per month or Php56.01 daily in order to be not considered as a poor family. This is higher than the national average of Php16,841. We can say that the cost of living in Cavite is generally higher than most of the areas in the Philippines as reflected by the lower poverty threshold of the Philippines. Furthermore, this is 23.32% higher from the provincial poverty threshold in 2006. Table 2. 8. Annual Per Capita Poverty Threshold, Poverty Incidence and Magnitude of Poor Families, Province of Cavite: 2003, 2006 and 2009 Province Philippines Cavite Annual Per Capita Poverty Threshold (in Pesos)* Poverty Incidence Among Families Estimates (%) Coefficient of Variation 2003 2006 2009 2003 2006 2009 2003 2006 2009 10,976 13,348 16,841 20.0 21.1 20.9 2.3 2.3 2.1 4.8 4.2 4.5 18.2 22.8 18.7 13,976 16,350 20,163 Magnitude of Poor Families (Estimates) 2003 2006 2009 3,293,096 3,670,791 3,855,730 24,802 22,490 26,088 *Provincial poverty threshold are generated based on the weighted average of the urban and rural thresholds using the magnitude of poor population in urban and rural areas as weights. The poor population refers to those with annual per capita income below the urban/rural provincial poverty threshold. Source: National Statistics Coordination Board In 2009, a Caviteño family needs to earn at least Php20,163 annually or Php1,680.25 per month or Php56.01 daily in order not be considered as a poor family. The data reflects that around 4.5% of Caviteño families are poor in the year 2009 which is estimated at 26,088 families (Table 2.8). This is higher by 0.3% from 2006 but is lower by 0.3% from 2003. The poverty level in Cavite had a positive trend from 2003 to 2006. Magnitude of poor families decreased by 9.32% from 2003 to 2006. This trend did not continue as exhibited by the remarkable increase of 16% from 2006 to 2009. This was due to the worldwide economic recession which affected the industrial locators in Cavite that led to displacement of many workers. Aside from this, numerous Caviteño Overseas Filipino Workers (OFWs) were also sent home due to job displacement. In terms of population, it is estimated that around 6.4% of the entire Cavite population is considered poor in the year 2009 (Table 2.9). This is around 176,133 individuals. The same trend was observed wherein the magnitude of poor population is highest in 2009 amongst the last three poverty survey years. The poverty incidence among population of Cavite is way below the national rate of 20.9% in 2009. Table 2. 9. Annual Per Capita Poverty Threshold, Poverty Incidence and Magnitude of Poor Population, Province of Cavite: 2003, 2006 and 2009 Province Poverty Incidence Among Population Annual Per Capita Poverty Threshold (in Pesos)* 2003 2006 2009 Philippines 10,976 13,348 Cavite 13,976 16,350 Estimates (%) Coefficient of Variation 2003 2006 2009 2003 2006 2009 16,841 20.0 21.1 20.9 2.3 2.3 20,163 6.7 6.2 6.4 15.5 22.2 Magnitude of Poor Population (Estimates) 2003 2006 2009 2.1 3,293,096 3,670,791 3,855,730 18.7 162,512 159,568 176,133 Around 4.5% of Caviteño families are poor in the year 2009 which is estimated at 26,088 families. *Provincial poverty threshold are generated based on the weighted average of the urban and rural thresholds using the magnitude of poor population in urban and rural areas as weights. The poor population refers to those with annual per capita income below the urban/rural provincial poverty threshold. Source: National Statistics Coordination Board Page | 27 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 The subsistence incidence of families is defined as the proportion of families whose income cannot provide the basic food requirements called the food or subsistence threshold to the total number of families. In Cavite, an individual should spend at least Php14,040 in order to sustain his food needs in the year 2009 (Table 2.10). This showed increasing trend from 2003. This amount of food threshold is higher by 22.63% from 2006 and by 44.22% from 2003. The increase may have been due to increasing costs of food products, particularly rice which showed significant price increase from 2003 to 2009. With this threshold, it is estimated that 0.6% or around 3,361 families in Cavite are having income that cannot provide for their minimum food requirement. This proportion is way lower than the Philippine average of 7.9%. We can say that the quality of life in Cavite is generally better than in most places in the country wherein 99.4% of Caviteño families can be able to comply with the prescribed food threshold. Table 2. 10. Province Annual Per Capita Food Threshold, Subsistence Incidence Among Families (%) and Magnitude of Subsistence of Poor Families, Province of Cavite: 2003, 2006 and 2009** Annual Per Capita Food Threshold (in Pesos)* 2003 Philippines Cavite 7,577 9,735 2006 9,257 11,449 2009 Subsistence Incidence Among Families (%) Estimates (%) 2003 2006 2009 2003 2006 2009 8.2 8.7 7.9 3.4 3.3 3.2 11,686 14,040 Coefficient of Variation 0.7 0.7 0.6 38.0 42.1 50.6 Magnitude of Poor Families (Estimates) 2003 2006 2009 1,357,833 1,511,579 1,453,843 3,529 3,619 3,361 In 2009, a Caviteño individual should spend at least Php14,040 annually in order to sustain his food needs. **Coefficient of variation of 2009 subsistence incidence among families is greater than 20% Source: National Statistics Coordination Board In terms of population, it is estimated that 22,710 individuals in Cavite cannot meet the minimum food requirement (Table 2.11). This corresponds to :.8% of Cavite’s population in 2009. Data shows that from 2006, the situation becomes better as exhibited by the decreased number of individuals who cannot meet the per capita food threshold. Despite the global economic crisis in 2009, these data shows that the Caviteños prioritized their food requirements above other things. Very high coefficient rates were observed on the subsistence data which means that the data has high variability and are mostly dispersed from the average. For instance, in 2009, the data has an average distance from its mean of 54.8%. This can be due to small number of survey respondents. Cavite showed better poverty scenario among population than most areas in the entire country as exhibited by the high subsistence among population percentage of the country at 10.8% in 2009 as compared to 0.8% in Cavite. Table 2. 11. Province Annual Per Capita Food Threshold, Subsistence Incidence Among Population (%) and Magnitude of Subsistence Poor Population, Province of Cavite: 2003, 2006 and 2009** Subsistence Incidence Among Population (%) Estimates (%) Coefficient of Variation Annual Per Capita Food Threshold (in Pesos)* 2003 2006 2009 2003 2006 2009 2003 2006 2009 Magnitude of Poor Population (Estimates) 2003 2006 2009 Philippines 7,577 9,257 11,686 11.1 11.7 10.8 3.2 3.2 3.1 8,802,918 9,851,362 9,440,397 Cavite 9,735 11,449 14,040 0.9 1.1 0.8 37.8 48.9 54.8 22,129 27,958 22,710 **Coefficient of variation of 2009 subsistence incidence among families is greater than 20% Source: National Statistics Coordination Board In terms of population, it is estimated that 22,710 individuals in Cavite cannot meet the minimum food requirement in 2009. In the entire Philippines, the share of Cavite in the magnitude of poor families is at 0.7% in 2009 which is equivalent to 26,088 families (Table 2.12). In the entire country, there are 3,855,730 poor families in 2009. This number has increased by 17.09% from 2003 and 5.04% from 2006. The increase can be attributed to deteriorating quality of life among Filipinos as well as population growth. In terms of population, the country’s poor population is estimated at 23,142,481 in 2009 and of which, 176,133 are from Cavite. The sudden increase of poor population in 2009 can be attributed to rampant job displacement due to global economic crisis. Page | 28 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Table 2. 12.Magnitude and Share of Total Poor Families and Population, Province of Cavite: 2003, 2006 and 2009 Families Province Magnitude of Poor Population % Share to Total Poor 2003 2006 2009 Philippines 3,293,096 3,670,791 3,855,730 Cavite 24,802 22,490 26,088 2003 0.8 2006 0.6 2009 0.7 Estimates % Share to Total Poor 2003 2006 2009 19,796,954 22,173,190 23,142,481 162,512 159,568 176,133 2003 2006 2009 0.8 0.7 0.8 Source: National Statistics Coordination Board Human Development Index The provincial government also provides social services that aim to improve the quality of human life of Caviteños. These dimensions of human development can be measured thru the Human Development Index (HDI). Human Development Index is a tool that measures the province’s achievement in three basic dimensions of human development. These are longevity, or a long and healthy life, as measured by life expectancy at birth; knowledge, as measured by basic enrolment ratio (or enrolment ratio of children, seven to 16 years old), high school graduate ratio of population aged 18 years and above, and functional literacy rate; and standard of living, as measured by real income per capita [per capita income in 1997 National Capital Region (NCR) in pesos and per capita income in Purchasing Power Parity or PPP in US$]. Two HDIs are computed: HDI-1 for interprovincial comparisons and HDI-2 for international comparisons, for comparing provinces with other countries. The province uses the HDI-1 in presenting the Human Development Index of Cavite. The Philippine Development Network has adopted the HDI methodology and applied it to the 77 provinces of the Philippines every three years since the early 199:’s. Positively, Cavite province has always been consistently at the country’s top five provinces with the highest HDI since 1997. Based on Figure 2.8, the province shows an upward trend in human development index. As noted in the Philippine Human Development Report 2008/2009, Cavite ranked sixth in 1997 and 2000 with an index value of 0.690 and 0.700, respectively. The province rose to rank fourth in 2003 with an index of 0.705 and third in the latest result of the Philippine Development Report in 2006 with an index value of 0.718. Table 2. 13. Human Development Index by Index Category, Province of Cavite: 1997, 2000, 2003 and 2006 Index Life Expectancy Index Education Index Income Index Human Development Index 1997 0.722 0.713 0.636 0.690 2000 0.736 0.747 0.617 0.700 2003 0.750 0.755 0.609 0.705 2006 0.763 0.797 0.594 0.718 Source: Philippine Human Development Report 2008/2009 Figure 2.7. Human Development Index by Year, Province of Cavite: 1997, 2000, 2003 and 2006 0.725 0.720 0.715 0.710 0.705 0.700 0.695 0.690 0.685 0.680 0.675 0.718 0.705 Human Development Index 0.700 0.690 1997 2000 2003 2006 According to Philippine Development Network, identification of Human Development Index addressed the gaps of establishing the state of human development considering its wide coverage. “It is premised on the principle that human development cannot be measured by the yardstick of income alone since income is a means, not an end, and there is no automatic link between income growth and human progress.” Page | 29 CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 Family Income and Expenditure (May 2011 r e le a s e ) The Family Income and Expenditure Survey (FIES) is a nationwide survey of households which is being undertaken every three years since 1985. The survey gathers data on family income and family expenditure. Family Income In terms of incomes, the conduct of FIES specifically aims to determine the sources of income and income distribution, levels of living and spending patterns. Likewise, it will determine the degree of inequality among subject families. FIES is also expected to provide benchmark information to update weights in the estimation of consumer price index (CPI) and to provide inputs in the estimation of the country’s poverty threshold and incidence. Specifically, thru FIES, the sources of family income, whether it is in cash or in kind, are being determined as well as the number of family members that are working in order to gain income. Php600,000+ while the families at first decile earns around Php30,000. The major sources of income are wages/salaries, entrepreneurial activities and other sources. Family Expenditure The average annual family expenditure in CALABARZON is at Php213,000 in 2009 (Table 2.15). This has grown by 14.52% from 2006. The Philippine average annual family expenditure is at Php176,000. Comparing it to the CALABARZON average of Php213,000, we may say that the cost of living in the CALABARZON region is relatively more expensive than most regions in the country. Table 2. 15.Average Annual Family Expenditure at Current Prices, Province of Cavite: 2009 Area Coverage CALABARZON Cavite Laguna Batangas Rizal Quezon Estimate 212,633 255,018 227,155 182,600 254,442 119,259 Standard Error 6,305 12,383 11,955 10,750 14,032 7,504 Coefficient of Variation 3.00 4.86 5.26 5.89 5.51 6.29 95% Confidence Interval Lower Upper 200,218 225,048 230,633 279,403 203,614 250,697 161,430 203,770 226,811 282,074 104,483 134,035 Source: Family Income and Expenditure Survey (FIES) 2009, National Statistics Office Table 2. 14. Area Coverage CALABARZON Cavite Laguna Batangas Rizal Quezon Average Annual Family Income at Current Prices, Province of Cavite: 2009 Estimate 248,600 282,606 249,092 219,272 294, 402 Standard Error 10,855 13,784 14,052 15,870 16,843 Coefficient of Variation 4.40% 4.88% 5.64% 7.24% 5.72% 27.91% 95% Confidence Interval Lower Upper 227,226 269,974 255,462 309,749 221,421 276,763 188,020 250,524 261,235 327,568 Source: Family Income and Expenditure Survey (FIES) 2009, National Statistics Office In 2::9, Cavite’s family income has an average of Php282,6:6 (Table 2.14). Family income is defined as the average aggregated income of all members of a particular family in a household. This is 13.68% higher than that of the Regional average at Php248,600. This value signifies that the Caviteño families have somewhat better income than most of other areas in CALABARZON. Cavite ranks second in terms of family income next to the province of Rizal. This amount is relatively high considering that there are families who could hardly make a day-to-day living. According to the National Statistics Office (NSO), the value was affected by extreme values, specifically the respondents from the tenth decile or those who earns a lot or extremely high. In the Philippine 2009 FIES, the average income of families in the tenth decile is at Page | 30 Cavite showed the highest level of annual family expenditure. Generally speaking, this would reflect that the cost of living in Cavite is higher than that of its neighbouring provinces in the CALABARZON region. This can be attributed to the urbanization that prevails in the province. Cavite also showed the lowest coefficient of variation which means that the results of the survey are nearer to the average and there is no presence of highly extreme values that would affect the interpretation of data. Caviteño families spend most of their income for their food pegged at 40.35% (Table 2.16). This is true to the rest of the region as well as in the entire country considering that food is a basic necessity in order to live. Ranked at number 2 is the house rental. Considering the rapid urbanization and inmigration in Cavite, many workers from other places tend to rent housing units in order to migrate immediately because of their jobs. These data are very useful inputs in the development planning efforts of the local government and has been the basis for the efforts to provide low-cost housing projects to Cavite in-migrants. Furthermore, the endeavors to provide Cavite constituents with competitive road network is also a major thrust of the government considering that it is a major component of every Caviteño family’s expenditure. At the average, a family spends 9.65% of the family income in transportation and communication. CAVITE SOCIO-ECONOMIC AND PHYSICAL PROFILE (SEPP) 2011 that the economy is getting better wherein the value of peso did not change a lot as compared to the previous year. Table 2. 16. Distribution of Total Family Expenditure by Expenditure Item, Province of Cavite: 2009 Expenditure Item Food House Rental Transportation and Communication Fuel, Light and Water Education Personal Care and Effects Others Total Percent 40.35 13.33 9.65 7.55 4.94 3.93 20.25 100.00 Rank 1 2 3 4 5 6 Source: Family Income and Expenditure Survey (FIES) 2009, National Statistics Office Consumer Price Index, Inflation Rate and the Purchasing Power of Peso The consumer price index (CPI) is also known as the cost-of-living index. Generally, it measures the changes on the cost of average retail prices of a market basket or collection of goods and services which is commonly purchased by the average Filipino or Caviteño household for that matter. This basket of goods and services differs in various regions of the country depending on the weight and relative importance of each commodity type. The Basket includes food, clothing, house construction materials, house rental, gas expense, electricity and water expense, transportation, communication, medical, education and recreation. Referring to Table 2.17, the average CPI for 2011 is 125.8. This is lower by 25 units from 2010. This basically means that the cost to purchase basic needs of a household became more affordable. The highest CPI was recorded in the month of November. This can be attributed to the Christmas season which is also the spending season among Filipinos. In the case of Cavite, the festivities became earlier due to early release of Christmas bonuses that greatly affected the spending and pricing of goods in the month of November. This explains the lavish spending of Caviteños during the months of November to December. On the other hand, the purchasing power of peso (PPP) is an economic indicator that represents the true value of peso in a particular period of time in relation to a chosen reference period. The 2011 average purchasing power of peso in Cavite is at Php0.79. This has increased by Php0.13. It means that in year 2011 in Cavite, a peso can actually buy Php0.79 value of amount of goods and services as compared to a value of Php1.00 in 2006. The decreasing PPP indicates that additional sum of money is required to buy the same amount of goods and services over time. Purchasing power of peso is inversely related to the consumer price index. The increase on the other hand indicates that the goods are becoming more affordable while the peso is getting stronger which is basically corollary to improving economy. Table 2. 17. Consumer Price Index, Inflation Rate and Purchasing Power of Peso per Month, Province of Cavite: 2010 to 2011 2010 January February March April May June July August September October November December Average Consumer Price Index 2010 2011 149.5 123.1 149.9 124.9 149.8 125.1 149.5 125.2 150.2 125.6 150.6 125.8 151.1 126.0 151.3 125.9 151.4 125.9 151.4 126.8 152.2 127.9 152.7 127.4 150.8 125.8 Inflation Rate 2010 4.8 4.6 4.8 4.8 5.5 5.0 5.0 4.9 4.6 3.6 3.7 3.2 4.5 2011 3.4 4.3 4.3 3.5 4.1 4.1 3.5 2.9 3.3 4.7 4.5 4.1 3.9 Monthly % Change 2010 1.0 0.3 -0.1 -0.2 0.5 0.3 0.3 0.1 0.1 0.0 0.5 0.3 2011 0.6 1.5 0.2 0.1 0.3 0.2 0.2 -0.1 0.0 0.7 0.9 -0.4 Purchasing Power of Peso (2006=100) 2010 2011 0.67 0.81 0.67 0.80 0.67 0.80 0.67 0.80 0.67 0.80 0.66 0.79 0.66 0.79 0.66 0.79 0.66 0.79 0.66 0.79 0.66 0.78 0.65 0.78 0.66 0.79 Source: Family Income and Expenditure Survey (FIES), National Statistics Office The inflation rates of the province in year 2011 range from 2.9 to 4.7 yielding an average of 3.9. Inflation is defined as the rate of increase/decrease in the price level over time. In layman’s explanation, inflation can be observed when the amount of commodities that you can buy with the same sum of money changes over time. When inflation is high or while it rises, every peso will buy a smaller percentage of goods. Based on the inflation rates of years 2010 and 2011, we may generally say Page | 31