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Home News PH employment rate up 96.4% in July

PH employment rate up 96.4% in July

 

THE country’s employment rate rose by 96.4 percent or 43 million Filipinos this year from 41 million in 2018, according to the latest round labor force survey of the Philippine Statistics Authority (PSA).

Of those employed, 5.9 million or 13.9 percent are underemployed, or those who expressed the desire to have additional hours of work in their present job, to have additional jobs, or to have a new job with longer working hours.

The survey, which was made in July, showed a reduction of over a million underemployed workers compared to the 7 million for the same period in 2018.

Labor Secretary Silvestre Bello 3rd on Tuesday vowed to sustain the country’s gains in employment and underemployment.

“Amid the stable employment situation in the country, we need to sustain our efforts to strengthen decent work gains and address the remaining challenges. Our aim at the Department is to secure employment, make employment more meaningful, more productive, and more beneficial to the workers, which in turn induce greater productivity to our employers and business,” Bello said. WILLIAM B. DEPASUPIL


 

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Today’s Front Page January 18, 2020

Today’s Front Page January 18, 2020