NEDA sees quality job generation slowly improving

Together with the announcement of the 7.5-gross domestic product (GDP) growth in the second quarter of this year, the National Economic Development Authority (NEDA) believes that more jobs are on its way because of the high growth of industry and services.

NEDA Director General Arsenio Balisacan said that the 10.3-percent increase in industry and 9.3-percent ascent in real estate activities under the services sector will generate quality jobs, “even for the less skilled,” that will help address the unemployment and underemployment concerns of the country.