UNEMPLOYMENT, UNDEREMPLOYMENT, AND UNPAID WORKERS THEORIES OF EMPLOYMENT THEORY X - describes a traditional view of direction and control An average

e man dislikes work and will avoid it unless directly supervised Employees must be forced, manipulated and directed to ensure that organizational aims are met The threat of reprimand must exist with an association People prefer to be supervised in this way so as to avoid responsibility People are comparatively unambitious and their main motivating strength is yearning for protection THEORY Y - positive view towards the workforce Employees are determined and keen to accept bigger responsibilities Employees will work in the direction of organizational purposes THEORY Z Many employees are assured for a position for life, ever increasing their fidelity to the company Cautious assessment occurs over a phase of time, and the accountability for accomplishment or breakdown is shared among workers and the board

 Most workers do not work on several tasks to learn more about the company where they belong THE UNEMPLOYMENT POOL People always decide, at any point, to quit job and find work 4 REASONS TO BE CONSIDERED TO BE A PART OF THE UNEMPLOYMENT POOL He/she may be a new graduate or new entrant into the labor force He/she resigned from his job in search for other employment opportunities He/she may be laid off from work He/she lost the job (fired; company closed down, etc.) UNPAID WORKERS A person who performs voluntary work Common in rural areas Their services are compensated by other forms like food, shelter, clothing, etc. Despite the absence of standard wages and benefits, they are still considered as employed GOVERNMENTS LABOR POLICY Labor Code of the Philippines - established to protect the rights of the people involved in the labor force (workers and companies)