00:00Business in the country is getting better, so there are more jobs.
00:05That's what the Department of Land, Labor and Employment Undersecretary Benjo Benavides said in the program Mike Abbey Live.
00:13According to Undersecretary Benavides, in the last survey of the Philippine Statistics Authority,
00:19the employment rate of October 2024 is higher than 96.1%
00:25compared to October 2023, which is 95.8%.
00:30This is equivalent to more than 48 million Filipinos who have jobs compared to more than 47 million Filipinos last year.
00:39Benavides said that the private sector is doing its job while the government is creating a good environment for businesses.
00:51Based on the survey, the increases are coming from administrative support services, accommodation and food services, transportation, construction and mining.