24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.
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NewsTranscript
00:00 Because of the businesses that are alive every holiday season, the employment rate in the country increased according to the Philippine Statistics Authority.
00:09 It even increased to 18-year high this October.
00:13 Sandra Aguinaldo was able to see it.
00:15 J.M. Obispado is working as a Christmas tree vendor in Dapitan Arcade.
00:24 Christmas decor is now selling well.
00:27 I started working here in September. I've been here since the first week of September.
00:33 I finished this in December. I worked until December 15.
00:39 My income here is 600 to 1,000 pesos a day.
00:44 We started here in August because that was the starting point of the business.
00:49 It ended by the 22nd of December.
00:55 According to the PSA, one of the reasons why the number of Filipinos with jobs increased is also because of the increase of businesses that are related to Christmas.
01:05 That was seen in the latest Labor Force Survey of the Philippine Statistics Authority for the month of October,
01:12 where the estimated employment rate was 95.8%.
01:16 It was the highest in almost 18 years.
01:20 The lowest unemployment rate in almost 18 years was 4.2% in October,
01:28 which was the same as November 2022.
01:30 Among the industries that have the most jobs,
01:34 there are wholesale and retail trade, agriculture and forestry, and accommodation and food service activities.
01:41 You have bazaars opening during weekends.
01:44 Our restaurants are adding additional workers.
01:49 This is where we see where the source of our increase in employment is.
01:55 But because the work is seasonal,
01:57 people like JM and Anna May have no work after December because they can't afford to buy their goods.
02:05 JM will look for other means of income to support his mother.
02:11 I ride a motorcycle. I also ride a motorcycle online.
02:16 Why do you need two?
02:18 So I can have something to spend on every day and I can be with my family.
02:23 Anna May Martinez-Daman has been saving her salary from August to December.
02:29 After December, what will I do?
02:31 I'll just stay at home. I'll just have a household because we have our own house.
02:37 The National Economic and Development Authority hopes that more people will work
02:42 in the government's bid for investors and continued infrastructure projects.
02:48 For GMA Integrated News, Sandra Aguinaldo, Katutok 24 Horas.
02:54 Kapuso, kasama niyo kami 24 horas.
02:57 Mag-subscribe sa GMA Integrated News sa YouTube.
03:01 Sa mga kapuso abroad, visitahin ang GMA Pinoy TV at www.gmanews.tv.
03:09 [Music]