Labor force ng Pilipinas, nananatiling matatag sa kabila ng pagbaba ng 2024 unemployment rate target
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NewsTranscript
00:00The labor force of the Philippines remains strong while the unemployment rate continues to fall in the 2024 target.
00:08The unemployment rate fell to 3.9% in October 2024, according to Finance Secretary Ralph Recto.
00:15It is lower than the target of 4.4% to 4.7% of the Philippine Development Plan.
00:22The number of people with jobs increased to 48.2 million from 47.8 million in 2023.
00:29The service is a big contribution, especially the call centers that added 247,000 jobs.
00:37The work was strengthened through the Create More Act and the Enterprise-Based Education and Training Framework Act
00:44to improve the skills of the workers.
00:47Despite the job losses caused by the typhoon,
00:50the Green Skills for Green Jobs Program was implemented to provide jobs in the renewable energy sector.