Employment rate sa bansa, tumaas bunsod ng nalalapit ng holiday season sa kabila ng mga naranasang kalamidad nitong mga nakaraang buwan

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Employment rate sa bansa, tumaas bunsod ng nalalapit ng holiday season sa kabila ng mga naranasang kalamidad nitong mga nakaraang buwan
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Transcript

00:00The employment rate in the country has increased based on the data of the Philippine Statistics Authority or PSA.

00:05This is a result of the increase of those who want to have a job during the holiday season

00:10despite the calamities they have experienced in the past few months.

00:14The details are reported by Joshua Garcia of PTV Manila.

00:20The situation in the Philippines is getting worse and better.

00:24This is based on the data of the Philippine Statistics Authority or PSA

00:27which they believe is for the month of September this year.

00:30According to the PSA, the unemployment rate of the country has decreased by 3.7%

00:35from 4.5% last year in the same month

00:39and 4.0% as recorded in August 2024.

00:42This is equivalent to 1.89 million unemployed

00:46which is lower than 2.26 million in September 2023

00:51and 2.07 million in August 2024.

00:54At the same time, the employment rate increased by 96.3%

00:58from 95.5% in 2023

01:01which is equivalent to 49.87 million Filipinos who have jobs in September

01:06which is higher than 47.67 million in 2023 in the same month

01:12and 49.15 million in August 2024.

01:16While the labor force participation rate also increased

01:19which is 65.7% compared to 64.1% in September 2023.

01:24According to National Statistician Undersecretary Dennis Mapa

01:27this is equivalent to the number of unemployed workers this holiday season

01:31despite the calamities they experienced in the past few months.

01:35Yes, of course, because of the holiday season, more want to work

01:39that's why our employment rate increased in terms of both the rate and the numbers

01:45but not all of them were absorbed full-time

01:48and thus you have also a substantial increase in the underemployment.

01:53Mapa asked if the storm affected the employment rate.

01:57It really has an impact because normally the storm we see has an effect on the agriculture sector.

02:02Remember, our agricultural sector accounts for almost 20% of our workers.

02:07Even so, they are still positive about this improvement

02:10due to the entry of skilled workers in Vermont

02:13particularly in retail, accommodation, and supermarkets

02:16that seasonal workers get.

02:18Meanwhile, according to National Economic Development Authority Secretary Arsenio Balisacan

02:22the government's priority is to improve the quality

02:26and better income of Filipino workers.

02:28In addition to the storm, their implementation of Supply and Demand Side Interventions

02:33to meet the Quality Employment Targets

02:35included in their Philippine Development Plan 2023-2028.

02:40According to PASANEDA and Department of Labor and Employment or DOLE

02:43their projects and programs continue

02:45to benefit the private sector

02:46particularly in the creation of more quality jobs

02:49and capacity building for Filipino workers.

02:52Joshua Garcia for Pambansang TV in Bagong, Philippines.

Employment rate sa bansa, tumaas bunsod ng nalalapit ng holiday season sa kabila ng mga naranasang kalamidad nitong mga nakaraang buwan

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