00:00The economic cure-all pill of Jobs, Jobs, Jobs has improved the overall health of the Filipino working world and jobs market of late.
00:08A sure sign of better days ahead with inflation dipping considerably last month from 2.8% in January to 2.1% as our faithful Pardilya rattles off more numbers in this report.
00:22Len is back to work as a promodicer several years after losing her job due to the pandemic.
00:27I really need to work. My partner and I need to work together because if it's just one person, there's nothing missing.
00:34It's an addition to the education of the children.
00:37She has completed her training and is now just waiting for a few requirements to start a new job.
00:44It's really important to have training so that you're aware of the products you're holding.
00:50So that when you're in front of a customer, you can explain to them what your product is and how good it is and how they can be satisfied.
00:59According to the Philippine Statistics Authority, the number of Filipinos with jobs has increased from 45.9 million last year.
01:08The figure rose to 48.49 million in January 2025.
01:14Meanwhile, the country's unemployment rate dropped to 4.3% this January, down 4.5% from last year.
01:21The underemployment rate also dipped to 13.3%, from 13.7%.
01:27Under the administration of President Ferdinand R. Marquez, Jr., the government has focused on skills development.
01:35The Technical Education and Skills Development Authority has been providing Filipinos with trainings to improve their employability.
01:42In 2024, 1,081,375 Filipinos received certifications after training with TESTA.
01:51Other government offices are also helping improve skills in fields like technology, preparing Filipinos to meet international demand.
01:59Through the Information and Communications Technology Academy program of the DICT, 943 training sessions have been conducted for over 90,000 government employees.
02:11Because of this, Filipinos will have more job opportunities and a higher quality of life.
02:22More businessmen will invest to help strengthen our economy.
02:31President Marquez's signing of the CREATE MORE Act has also helped improve incentives and policies for both local and foreign investors.
02:40The law is expected to help boost investments in the country, leading to creation of more jobs, better living status for Filipinos, and further economic growth.
