00:00The environment for business in the country is getting better because there are more jobs.
00:08That's what the Department of Labor and Employment Undersecretary Benjo Benavides said in the program Mike Abe Live.
00:15According to Usec Benavides, in the latest survey of the Philippine Statistics Authority,
00:19the employment rate is higher this October 2024 at 96.1% compared to October 2023 at 95.8%.
00:29This is equivalent to more than 48 million Filipinos who have jobs compared to more than 47 million Filipinos last year.
00:37Benavides said that the private sector is doing the work while the government is creating a better environment for business.
00:48Based on the survey that came out, the increases are coming from the administrative support services.
00:58Accommodation support services, transportation, construction, and mining.
01:04In these sectors, there are more jobs.
