Role of Functional Literacy to Productive Employment in the Context of Regional Economies

Abstract

This paper aimed to explore the factors that closely influence the unemployment rate among regions in the Philippines. This study assumed that the literacy rate, the minimum wage rate, and the population rate affected the unemployment rate. The data were acquired from the National Statistics Authority where literacy rate, minimum wage rate, and population rate were the independent variables and unemployment rate as the dependent variable. The data gathered in this study was taken from the data sets and utilized multiple-regression analysis using Eureqa software. Based on the findings, the closest factor that caused the escalation of the unemployment rate was literacy rate. Therefore, it was concluded that productive employment in some regions was not dependent on literacy rate.