"For a country that achieved a 7.2-percent growth in gross domestic
product last year, the second-fastest in Asia next to China, many like
Cristobal do not feel its benefits," says the Philippine Daily Inquirer in its article "The informalization of Philippine Workers." Cristobal, a construction worker without a permanent job, personifies the extent of poverty in our country.
In the same article, Dr. Rene Ofreneo of the UP School of Labor and Industrial Relations calls it "unequal and exclusivist" growth. Meaning, there is growth in the economy but it's not inclusive because poverty still persists and many are still jobless. The GDP growth rate is expanding but employment growth is not, as shown in this graph using the data from the Philippine Statistics Authority:
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