Unemployment rate sa bansa, naitala sa 4.7% noong Hulyo 2024
Unemployment rate sa bansa, naitala sa 4.7% noong Hulyo 2024
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NewsTranscript
00:00The priority of the government is to work hard so that the population of the sectors that are in need of quality work can thrive.
00:07This is after the unemployment rate was recorded at 4.7% or the number of unemployed in the country in July 2024
00:15based on the Labor Force Survey of the Philippine Statistics Authority.
00:19This is lower than the recorded 4.9% unemployment rate in July of the previous year.
00:26The employment rate was recorded at 95.3% or the number of unemployed in the country in July 2024
00:33which is higher than the 95.1% recorded in July of the previous year.
00:39This is in line with what the National Economic and Development Authority Secretary Arsenio Balisacan said
00:45that the data shows that the labor market of the country is still active
00:50which was included as a target under the Philippine Development Plan 2023-2028.
00:55In addition, the government will continue to implement the whole-of-government approach
01:00so that the population can thrive and the business climate of the country can improve.