Bilang ng mga Pilipinong walang trabaho nitong 2024, bumaba pa batay sa datos ng PSA;
Underemployment rate, bumaba din
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Underemployment rate, bumaba din
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NewsTranscript
00:00In the face of the government's efforts to give Filipinos a decalitized opportunity, the number of Filipinos who lost their jobs in 2024 fell compared to 2023.
00:12And not only that, because even the number of people who need to work extra hours also fell sharply.
00:20Joshua Garcia is the center of the news.
00:22The unemployment rate in the country remained at 3.1% in December 2024, or equivalent to 1.63 million who lost their jobs.
00:32This is lower than the 1.66 million or 3.2% recorded in November 2024, while the unemployment rate increased by 96.9%.
00:43This is based on the latest data of the Philippine Statistics Authority in their December 2024 labor force survey.
00:49This is equivalent to 50.19 million who have jobs, which is lower than 50.52 million in December 2023, but higher than 49.54 million in November 2024.
01:02Our employment rate for the whole year 2024 is at 96.2%, higher compared to the employment rate for the whole year 2023, which is at 95.6%.
01:14The labor force participation rate dropped to 65.1%, which means that fewer people are actively looking for work.
01:21Despite the fact that there are no jobs in the agricultural and manufacturing sectors, there are more jobs in transportation, construction, and public services.
01:29According to the data of the BSA, the largest number of unemployed are in the sector of services with 60.5%, while 21.3% are in agriculture and 18.3% in industry.
01:40At the same time, the unemployment rate dropped to 10.9%.
01:44This is equivalent to the government continuously targeting the economy to give better opportunities to Filipino workers to get a good and quality job.