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Thursday, January 30, 2020
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Palace: Rise in adult joblessness seasonal

 

Malacañang downplayed over the weekend the results of the latest Social Weather Stations (SWS) survey that revealed a 1-percent increase in adult joblessness rate in June 2019, claiming that the rise was just “seasonal.”

“We attribute this uptick as seasonal since data gathering was conducted when students just recently graduated from their universities or colleges and started looking for employment,” Presidential spokesman Salvador

Palace spokesman Salvador Panelo

said in a statement.

The SWS survey bared that from 19.7 percent in March, the country’s joblessness rate rose to 20.7 percent, equivalent to over 9.8 million adults.


Panelo noted that despite the results, 55 percent of Filipinos believe that “there are still more job opportunities out there.”

“We expect this level of optimism to grow further, especially with President Rodrigo Duterte’s signing into law Republic Act (RA) 11261, popularly known as the ‘First Time Jobseekers Assistance Act,’ last May 2019,” he said.

“SWS considers this net optimism on job availability excellent and at a record-high,” he added, claiming that the newly signed measure serves as an investment on the youth, who would benefit from it in the long run.

“The Palace looks at this landmark legislation as a government’s investment in our young people, where 1.3 million of them are expected to benefit annually, as government-issued document and clearances are mandated to be waived for first-time job seekers,” Panelo said.

RA 11261, which covers fresh graduates and out-of-school youth, prohibits the collection of government fees in the issuance of documents required in the application of first-time jobseekers, as long as they submit a barangay certification as proof.

Duterte signed the law in recognition of the need to “promote full employment and equality of gainful work and opportunities for its citizens.”

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Today’s Front Page January 30, 2020

Today’s Front Page January 30, 2020