Philippine labor market policies, in the presence of a high degree of excess labor supply, are highly regulated and they tend to be along standards of highly developed markets. The policies adopted by the government are more pro-employed labor than to promote the overall employment of the labor...

This paper analyzes the responses from a survey of Philippine companies concerning labor market policies, such as minimum wage setting process, hiring and firing practices, training, and holidays. These policies have gained wide acceptance as a means of protecting the welfare of workers. But one...