By Chloe Mari a. HUSAI, Reporter
Philippines’ unemployment The level is dropped to 3.9% in AUGust, driven by renting agriculture and construction Sectors, Philippine Statistics Authority (PSA) is reported Wednesday.
August’s comments is a 5.3% of the July, and 4% in August 2024, the first employee’s employee data reflects.
The number of filipinos who do not have filipinos that are in a 2.03 million in August from 2.59 million in July and 2.07 million a year before.
The PSA Underseecretary and the National Statistician Claire Dennis S. Map called a developing market in August in the recovery of the affected industries with July.
“What we have seen that a great decrease in July in agriculture, trading, and construction – but now they have returned,” told the news center in the Philippines.
“Therefore, in a way, job losses in July was temporarily, and those who were running away from it. Basically, these are found,” add.
In the first eight months, unemployment rates are standing in 4.1%, is higher than 4% average last year.
In August, the agricultural and forest industry found 1.35 million jobs from July, a month that was attacked by bad weather. This has brought the total number of employees to the field to 8.73 million, from 7.38 million month before the month. A year, the sector found 300,000 workers in August.
The Philippines is killed by many tropical storms every year than any other region, 20 storms per year. According to National Weather Bureau, Thshoon Services high between July and October, is calculated about 70% of all Cyclone construction at this time.
Human Resources Secretary Bienvenido E. Accept the Advanced Details of Jobs, saying that Government is committed to ‘the coming examining’ and “weather-Proving”.
“We hope and look forward to continuing these agreed figures of employment with strong employment and partnerships with business organizations and private organizations, as well as government agencies,” said Viber.
Unemployment falls
At that time, unemployment was reduced to 10.7% in August from 11.2% per year before and 14.8% last month.
This was equal to the Filipino Filipino workers 5.38 million seeking for hours or additional work in August.
For unemployed workers in August, 62.4% worked under 40 hours a week, and 37.6% work 40 hours a week.
In the January-to August, the unemployment level woke up to 12.7% from 12.1% last year.
Also, employment prices are developed at 96.1% in August from 94.7% in July, employed hired people go up to 50.1 million.
This brought an eight-month employment average to 95.9%, down from 96% last year.
Wage employees and wages are estimated for 64,4% of employees, followed by employees outside of paid employees (27%), family employees and employers at a family or business farm (1.6%).
Among the Wage personnel and income, those employed by the private sector are counted by 78%, followed by the government employees or government companies (14.1%).
Human Resources Revenue Rises to 65.1% in August from 60.7% in July, equivalent to 52.13 million in Philippinos at age 15 and older at work.
PSA data has shown that the service sector in August, counts 61.5% of full work, followed by the agriculture by 20.4% and industry.
More trading and retail sales, agriculture and forestry, and construction was highest fields.
The year, the construction detected 540,000 employees, followed by fishing and aquaculture (448,000), agricultural activities (300,000), and other service activities (239,000).
In contrast, trade trading and sales; Car repairs and motorcycles submit a decrease in 788,000 employees, including public administration and protection, forced socioety (220,000); Education (-151,000); personal health services and social work (-134,000); and the activities of the premises (-75,000).
Teenage employment develops, and the rate of employment between 15 to 15 to 88.3% from 81.9% in July, local statistics said.
On average, employees worked 41 hours a week, from 40.7 hours in August last year.
The threat of bad weather
Department of Economic, Planning, and Development Secretary Arsenio M. Balican asked for an investment on workforce develOpent, InfstrucTure and diigitalization – especially small, small businesses and communities – developing stability in endangered fields.
“We aim to promote stability in vulnerable areas, such as trading and agriculture, by prioritizing the development of pets, infrastructure, and employee development,” notes.
“The government also increases investment in climate development and practical systems, alongside urgent emergencies to support staff affected by disturbance.”
In Auto book, Chinabank study said a threat of bad climatic conditions continued and continues to risk jobs, especially in agriculture and fishery, trading and construction.
“In a good book, the need for a year because of future holidays You must provide for labor market support for the quarter,” Added.
The University of the Philippines School of Labor and Industrial Relations Benjamin B. ФоusCO said History Data showed Uptick as the holiday season approaches.
“There is no disturbance of the impact of climate events in vulnerable fields such as agriculture,” said Huboes Messenger.
Mr Valasco said the decline of jobs and climbing staff participation is a good development as many people who had been out of work or were discouraged.
Hopefully, more about them is fully operational and good works, as shown in the [a] a little decrease in unemployment. “
Mr Psama Mapoma of PSA said the labor market in September may have been affected by a series of storms and a recent population of 6.9 to Southern Philippines.
