Young Population Gives Philippines Edge on Global Workers Supply

Unlike its wealthier neighbors like Japan and South Korea, an aging society is likely to be the least of the Philippines’ problems in the next decades, making it capable of supplying the world with needed manpower.

“The challenge of demography will not be on an aging population but more on a young population that needs to find jobs either domestically or internationally,” Quy-Toan Do, a Washington-based lead economist in the World’s Bank’s Development Research Group, said in Manila.