Survey: Philippine job picture rosy

MALACAÑANG yesterday affirmed its commitment to create jobs after a new survey showed that fewer Filipino adults were without work in the first quarter of 2019.

A survey by the Social Weather Stations (SWS) released on Tuesday showed a continuous drop in adult joblessness rate at 19.7% (representing 9.4 million adults) in March 2019, from 21.1% in December 2018 and 22 percent in September 2018.

Adult joblessness consists of (a) those seeking jobs for the first time, (b) those who voluntarily left their old jobs, and (c) those who lost their jobs due to economic circumstances beyond their control, termed by SWS as the retrenched.

The same poll indicates that the labor force grew to an estimated 47.6 million Filipinos.

“We remain committed in creating jobs by attracting more foreign investments and promoting good governance as we look forward to welcoming more Filipinos in the workforce,” presidential spokesperson Salvador Panelo said in a statement.

He said President Rodrigo Duterte considers labor as one of the engines that will propel further the country’s growth and development.

Panelo cited Duterte’s recent signing of Republic Act 11261 which would exempt first-time jobseekers from paying fees for government-issued documents.