How Does Oligopoly And Monopoly Affects The Unemployment Rate Here In The Philippines?

How does oligopoly and monopoly affects the unemployment rate here in the philippines?

 

How do oligopoly and monopoly affect the unemployment rate here in the Philippines?

Oligopolies and Monopolies affect the unemployment rate here in the Philippines in a positive way by being able to provide jobs for many people. Between the two though, I think to have an oligopoly would be a much healthier situation for the country since it is made up of different companies which may have slightly varied requirements in terms of skills and location, thereby provide more chances to people from different locations around the country.

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