THE approaching holidays have led to a rise in employment, the Philippine Statistics Authority (PSA) said on Wednesday, with the jobless rate reported to have dropped to 3.7 percent in September from 4.0 percent and 4.5 percent, respectively, a month and a year earlier.
THE approaching holidays have led to a rise in employment, the Philippine Statistics Authority said on Wednesday, with the jobless rate reported to have dropped to 3.7 percent in September from 4.0 percent and 4.5 percent, respectively, a month and a year earlier.This was equivalent to 1.89 million Filipinos without jobs, 177,000 less than August's 2.07 million and down by 370,000 from September 2023's 2.26 million.
The services sector continued to dominate the labor market in September in terms of the number of employed persons, with a share of 62.8 percent.Socioeconomic Planning Secretary Arsenio Balisacan said that enhancing job quality and increasing worker incomes remained a priority for the government.'We are sustaining our efforts to enhance all dimensions of our labor market,' he said in a statement.
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