Bilang ng mga Pilipinong walang trabaho, bumaba nitong Agosto ayon sa PSA

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Bilang ng mga Pilipinong walang trabaho, bumaba nitong Agosto ayon sa PSA; pagtaas ng employment rate, inaasahan ngayong 'Ber' months   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 - 8:00 am Bagong Pilipinas Ngayon - 12:00 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:00 pm - 7:00 pm PTV News Tonight -  9:30 pm - 10:30 pm  Saturday & Sunday: ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

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00:00Aside from the slowdown of inflation, the situation in the Philippines is also getting better when it comes to giving jobs to Filipinos.

00:07In fact, the number of Filipinos who have no job this August is decreasing and it is expected to decrease this Bermond's.

00:15Joshua Garcia is in the center of the news.

00:20The increase in the employment rate continues.

00:22Unemployment in the country is also decreasing, according to the latest data from the Philippine Statistics Authority.

00:28Especially now that it is the Bermond's and holiday season.

00:31If we look at October, November, December last quarter, because of the holidays, release of bonuses,

00:37our household final consumption expenditure is increasing.

00:41We are creating a lot of jobs.

00:44We have an expectation that our both labor force participation and employment will increase this last quarter.

00:54In the latest labor force survey of the PSA last August,

00:58the employment rate reached 96% compared to 95.6% in the past 2023 in the same month and 95.3% in July 2024.

01:09This is equivalent to Php 48.07 million that had a job in August 2023 to Php 49.15 million in August 2024.

01:19Unemployment rate decreased to 4% for the month of August this year from 4.4% in the same month in 2023

01:27or equivalent to Php 2.22 million that had no job in August 2023 to Php 2.07 million this year in the same month.

01:35National Statistician Undersecretary Claire Dennis Mapa explained that this is a result of the entry of a large number of women

01:42who joined the labor force that also increased the labor force participation rate.

01:46Year on year, between August 2023 and August 2024, about 1.03 million female workers joined the labor force

01:56and about 1.03 million were absorbed in the labor market.

02:03Overall, the labor force participation rate or LFPR remained at a high rate of 64.8% this August

02:11which is equivalent to Php 51.22 million active in the labor market which is higher than Php 50.29 million in 2023.

02:19Meanwhile, according to the National Economic and Development Authority or NEDA,

02:23the Philippines will have a good Christmas in the latest labor force survey

02:27along with a decrease in the inflation rate of 1.9% this September

02:31At the same time, the government is planning a work for the country or TBP for 2025-2034

02:37led by the TBP Interagency Council which has a partnership with other government agencies and stakeholders from the private sector.

02:45Joshua Garcia for Pambansang TV in Bagong, Philippines.

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