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Poverty in the Philippines

Essay by   •  August 10, 2011  •  Essay  •  334 Words (2 Pages)  •  2,484 Views

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hsrjhmhn mvbjyjgjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjPoverty in the Philippines is a major obstacle to the success of future generations of the Filipino. But we can break the Philippine poverty cycle and reduce unemployment in the Philippines.

Because it poses such a significant threat to political stability.

It is mainly a rural problem, and tends to be worse in the southern Philippine islands of Visayas and into Mindanao. However, Luzon and the northern islands have a considerable number of Filipino people living below the poverty line.

In fact, almost a third of all of the population of the Philippines lives below the poverty threshold, which is a number inconceivable to most people in America and western Europe.

The Population Commission (Popcom) said there are 30.6 million Filipinos or 6.12 million families who are suffering from poverty. by the fact that 40 percent of their constituents live below the poverty line throughout the country's 78 provinces, 84 cities or 41,940 barangays. There are about 77 million Filipinos today, and this number is growing by 2.05 percent annually. This means that some 1.5 million Filipinos are born every year, 600,000 of whom to poor parents. Some 32.5 million Filipinos, comprising 66.3 percent of the population, are considered matured enough to work. But 3.3 million of these people, or 10.1 percent of the workforce, cannot find jobs while 5.2 million others, or 17.7 percent, have no regular source of income. Among Southeast Asian countries, poverty incidence is most extreme in the Philippines where some 15.3 million Filipinos (half of the poor population) wake up every morning without food on the table. These people are called subsistence individuals or whose income cannot provide for basic food requirements. Popcom's data is even conservative because in its interpretation, a family of six earning a total of P72,000 a year is not considered poor. In contrast, a study conducted by the National Wages and Productivity Commission (NWPC) pegged the minimum income that a family of six must earn annually at P191,874 in order to live decently in Metro Manila.

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