SWS: Lives of 4 out of 10 Pinoys improved in 4Q of 2019

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    THE lives of four out of 10 Filipinos improved in the last quarter of 2019, the 2019 fourth quarter survey of the Social Weather Stations (SWS) indicated.

    The December 13 to 16 survey involved 1,200 adult respondents nationwide and had a margin of error of ±3 percent.

    During the conduct of the survey, 39 percent of Filipinos told SWS that their lives improved (up from 36 percent in the third quarter of September 2019) in the last 12 months, while 21 percent said it worsened last year (down from 25 percent).

    Those whose lives improved were identified by the poll firm as gainers, while those whose lives worsened were classified as losers.

    The figures resulted in a Net Gainers score of a “very high” +18 (up from +11). The Net Gainers score is the difference between the percentage of gainers minus the percentage of losers.

    SWS defined a net gainer score of +20 and up as “excellent”, +10 to +19 as “very high”, +1 to +9 as “high”, -9 to 0 as “fair”, -19 to -10 as mediocre”, -29 to -20 as “low”, -30 and down as “very low.”

    The survey firm said the 7-point rise in the national Net Gainers score was due to increases of 10 points in Luzon (+18 from +10), 7 points in the Visayas (+14 from +7), 4 points in Metro Manila (+22 from +18), and 1 point in Mindanao (+16 from +15).

    The SWS survey also showed that the same number of people was optimistic that their lives and the Philippine economy will continue to improve in the next 12 months.

    SWS said the net personal optimism rating improved by 3 points to an “excellent” +44 in December, with 48 percent expecting the quality of their life to improve in the next 12 months (up from 46 percent in the September) and 4 percent expecting it to get worse(down from 5 percent).

    The net personal rating, the difference between the percent of optimists/optimism minus the percentage of pessimists/pessimism, was recorded at +41 in September.

    SWS defines net gainer score of +40 and up as “excellent”, +30 to +39 as “very high”, +20 to +29 as “high”, +10 to =+19 as “fair”, +1 to +9 as mediocre”, -9 to 0 as “low”, -10 and down as “very low.”

    The Net Optimism score stemmed from the rise in optimism in Luzon by 7 points (+47 from +40) and in the Visayas by 2 points (+34 from +32), combined with the falls by 4 points in Metro Manila (+44 from +48) and 1 point in Mindanao (+45 from +46).

    SWS said optimism about the improvement of the Philippine economy rating in the next 12 months rose by 10 points to an “excellent” +38 in December (47 percent optimists, 9 percent pessimists) from +28 (41 percent optimists, 12 percent pessimists) in September.

    The Net Economic Optimists score, the difference between the percentage of optimists minus the percentage of pessimists, is defined by SWS as “excellent” if +20 and up, “very high” if between +10 to +19, “high” if between +1 to +9, “fair” if between, “mediocre” if between -19 to -10, “low” if between -29 to -20, and “very low” if -30 and down.

    SWS said the +38 Net Economic Optimists score was due to increases of 14 points in Luzon (+37 from +23), 10 points in the Visayas, (+33 from +23), 5 points in Metro Manila (+39 from +34), and 4 points in Mindanao (+44 from +40).