PSA: Unemployment rate sa bansa, bumaba sa 3.1%

PTVPhilippines

PSA: Unemployment rate sa bansa, bumaba sa 3.1%  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00The unemployment rate of the country was at 3.1% or equal to 1.63 million in December 2024.

00:09This is the lowest unemployment rate recorded by the Philippine Statistics Authority since April 2005.

00:16Based on the data, this is lower than the 3.2% or 1.66 million unemployed in November 2024.

00:26This is based on the data of the Philippine Statistics Authority in their December 2024 Labor Force Survey.

00:33It reached 50.19 million unemployed, which is lower than 50.52 million in December 2023.

00:42This is higher than 49.54 million in November 2024.

00:48Meanwhile, the under-employment rate of the country decreased to 10.9%.

00:54The Philippine Government continues to focus on the economic growth

00:59in order to provide better opportunities for Filipino workers to have a decent and high-quality job.

01:09The Philippine economy will be stronger in the next two years

01:15due to the wider expansion of the economy,

01:19stronger spending on infrastructure, and reforms in leadership.

01:24According to Chris Janice Crustins, economic analyst of Fitch Ratings,

01:28the gross domestic product of the Philippines may reach 5.9% this year, and 6.2% in 2026.

01:38Crustins also expects that the debt of the Philippines will gradually decrease this year

01:45due to the stable economy and the continuous reduction of deficit or excess expenses.

01:51However, Crustins said that it is possible for our peso to drop and inflation to rise

01:57because America is protecting their business.

02:01Despite this danger, Fitch Ratings stated that the foundation of the Philippine economy remains strong.

Category

Transcript

Recommended