DOF, ibinida ang pinakamababang unemployment rate na naitala sa bansa noong nakaraang taon

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00:00Finance Secretary Ralph Recto named the lowest unemployment rate recorded in the Philippines in the past year

00:07according to the latest Unprecedented Progress, which is estimated to be 3.8% of the average unemployment rate recorded in the whole of 2024,

00:18which is the lowest in the record of the Philippine Statistics Authority since 2005.

00:23It is not surprising that it is lower at 4.4% to 4.7%, which is the target under the Philippine Development Plan 2023 to 2028.

00:34The highest in the full-year level is estimated to be more than 48 million Filipinos with jobs in 2024.

00:42It also came out that the full-year underemployment rate is at 11.9%, which is also the lowest in the record

00:50and a proof that the quality of the work of the Filipinos is increasing.

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