00:00The unemployment rate of October 2024 decreased by 3.9 percent or 1.97 million.
00:06According to the PSA, it is lower than 4.7 percent or 2.38 million in July.
00:13According to Undersecretary Claire Dennis Mapa,
00:16the typhoons affected the fishing and aquaculture sector,
00:20where the number of jobs lost was 190,000.
00:24The number of jobs lost by 48.16 million increased this October.
00:29Transportation, construction, and food services were greatly increased.
00:34The PSA expects that the employment situation will improve this December.
00:40What we saw were typhoons.
00:43Of course, our fisherfolks were cautious to go out because of the storms.
00:51We saw that the typhoons contributed to the sectors where the number of employed persons decreased.
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