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PIA Press Release

Economic crisis affects education sector

By Jean Duron-Abangan

Davao City (11 February) -- Last year's financial crisis which affected the labor sector relatively had an adverse effect on the education sector of Davao Region.

Released by the National Economic and Development Authority (NEDA) XI, report on 2009 socio-economic performance said the region's employment and labor sector also succumbed to the global financial crisis just like the rest of the economies of the world.

Though national government policies and socio-economic interventions spared the country from recession, the global crisis last year slowed down employment of Davao Region from 95.7 percent in 2008 to 94 percent in 2009.

NEDA XI reported that 902 workers were displaced from domestic labor market but a total of 536 of whom were able to retain their jobs through flexible working arrangements.

As the world economies crashed, there were Overseas Filipino Workers who lost their jobs and 267 of them were repatriated to Davao Region.

The economic stimulus of President Gloria Macapagal Arroyo called the Comprehensive Livelihood and Emergency Employment Program (CLEEP) "softened" the impact of such job losses.

Through various interventions under CLEEP, a total of 19,942 jobs were generated in 2009, "higher than the number of displaced workers," NEDA XI report said.

Meanwhile, the education sector showed the same downward trend last year along with the economic slowdown.

NEDA XI reported that the elementary level drop out rate was slightly higher by 0.03 percentage point, as it settled at 0.48 percent in 2009 from 0.45 in 2008.

NEDA XI noted a "not encouraging" situation of the public secondary education as enrollment of high school students for school year 2009 to 2010 went down by 0.2 percent.

Basing on the cohort survival rate, NEDA XI said that "only 50 percent of the students in secondary level could reach 4th year," and that students' net participation rate was lower at 38.2 percent. (PIA XI/JMDA) [top]

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