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Global QMR Q4 2022 | 77 0. 0. 1.00 0. 0. 2 0. Gender Gap conomic Participation & pportunities ducational Attainment Philippines South ast Asia Pacific Region ▪ Year on year inflation as at November '22 was 8% ▪ Year on year wage growth to Q4 2021 was 3.9%. ▪ Hiring is Difficult ▪ 2612,209 Open Vacancies (end Dec) ▪ Average time to fill is 100 Days 41 2 42 2 3 4 2 1 24 2 34 3 44 4 4 4 Male Participation Rate Female Participation Rate ▪ The labor code mandates equal remuneration for work of equal value and Anti-discrimination laws. ▪ According to the World Bank, women in high skilled jobs earn more than men while they earn less than men for low skilled jobs. ▪ Employment quotas for disabled people. Latest Available Data Q4 2022 2021 Total Labor Force (000s) 49,348 47,840 Employed Workers (000s) 47,128 44,539 Unemployed Workers (000s) 2,221 3,301 Unemployment Rate 4.5% 6.9% International Monetary Fund * Estimate Work Force Statistics Workforce Participation Rate by Age and Gender Inflation and Wage Growth Gender Equity and Inclusion Gender Gap Scores Compared to Region Year on year GDP Growth (%) TalentNeuron World Economic Forum Global Gender Gap Report 2022 Hiring Demand Trend by Selected Job Function Hiring Demand Trend For Vacancies ILOSTAT Philippines