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The Department of Science and Technology is the key government institution for science and technology, with policy development being co-ordinated by a series of sectorial councils. Within the framework of the current National Science and Technology Plan, 2002–2020 (NSTP), the strategic focus is on building technological self-reliance.
Prof. Mark MacCarthy (2014) The general consensus that innovation does not cause long-term unemployment held strong for the first decade of the 21st century although it continued to be challenged by a number of academic works, and by popular works such as Marshall Brain's Robotic Nation and Martin Ford's The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the ...
In June 2013, 11.8 million persons were unemployed, putting the unemployment rate at 7.6 percent. The state of the economy is a large contributor to these numbers. In June, 2001 the unemployment rate was 4.6% [10] After 9/11/2001, the unemployment rate skyrocketed to 5.7% in November 2001 [11] and rose drastically in 2009 to 10% in October. [12]
This is the lowest rate the Philippines enjoys since 1996, before the country suffered from the Asian Financial Crisis. After unemployment rate peaked in 2000, [7] it has been on a steep decline by an average of 8.5% each year through to 2010. Out of this unemployed group of workers, 88% is roughly split between people who at least had a high ...
The natural rate of unemployment is a combination of frictional and structural unemployment that persists in an efficient, expanding economy when labor and resource markets are in equilibrium. Occurrence of disturbances (e.g., cyclical shifts in investment sentiments) will cause actual unemployment to continuously deviate from the natural rate ...
The Department of Science and Technology (abbreviated as DOST; Filipino: Kagawaran ng Agham at Teknolohiya), is the executive department of the Philippine government responsible for the coordination of science and technology-related projects in the Philippines and to formulate policies and projects in the fields of science and technology in support of national development.
Congressional Commission on Science and Technology and Engineering. The Congressional Commission on Science and Technology and Engineering (COMSTE) was created by a joint resolution of the 13th Congress of the Philippines to create, amend, or repeal laws and propose budgets that will make the Philippines competitive in science and technology. [1]
Technical-Vocational Education was first introduced to the Philippines through the enactment of Act No. 3377, or the "Vocational Act of 1927." [5] On June 3, 1938, the National Assembly of the Philippines passed Commonwealth Act No. 313, which provided for the establishment of regional national vocational trade schools of the Philippine School of Arts and Trades type, as well as regional ...