Loading...
LOADING
On midnight, 30th September 2017, JobOpenings.ph will be closing permanently, and you will not be able to access www.jobopenings.ph.
Thank you for using JobOpenings.ph and we look forward to continue serving your needs through our Jobstreet.com.ph platform.
Responsive image
Employment News

Employment Level Improves as Unemployment Decreased


Date Posted: Jun 17, 2009
The efforts of government and private sectors to improve the unemployment rate in the country has paid off, this was after unemployment rate go down to 7.5 percent in April compared to the 8.0 percent in the same month last year.


According to the National Statistics Office’s Labor Force Survey, more number of jobs was created than number of people who joined current jobseekers.


From 33.54 million people who are employed last year, it shows an increase to 34.99 million this year.


Underemployment, or those who were working under 40 hours a week, rose to 18.9 percent from 18.2 percent in January. The figure was down from 19.8 percent in April last year, NSO reported.

 

Economic Planning Secretary Ralph Recto is very delighted with the impressive improvement.


He noted, “It is worth noting that the unemployment rate in April this year was almost as good as the April 2007 unemployment rate of 7.4 percent, the year when the economy had posted a 7.1-percent growth,”


The Department of Labor and Employment, on the other hand, was very happy that all their efforts, organizing nationwide job fairs is paying off. They say that the government’s effort to mitigate the effects of the crisis on labor were effective.

Would you like to use this article in your e-zine, blog or website? You may do so as long as you acknowledge JobOpenings.ph as the source. Please inform us beforehand of your intention to republish the articles and provide the url address where the article will appear by dropping us a line at info@jobopenings.ph
Direct Feedback
We value your feedback, feel free to get in touch with us.

Name:

Email:

Mobile No.:

Issue:

 Report a Bug
 Feature Request
 Inquiry

Message:

Move sliders for red numbers: