00:00The number of Filipinos who lost their jobs in December 2024 went down.
00:05Vel Custodio has the details.
00:10The employment rate in the Philippines increased by 96.9%
00:14based on the latest Labor Force Survey of the Philippine Statistics Authority in December 2024.
00:19This means that 50.9 million Filipinos have jobs.
00:23Our employment rate for the whole year 2024 is at 96.2%,
00:29higher compared to the employment rate for the whole year 2023 which was at 95.6%.
00:35The unemployment rate remained at 3.1% or the number of people who lost their jobs.
00:40It also decreased to 10.9% under employment rate.
00:43There are more workers in the transportation, construction, and public services sectors.
00:48The National Capital Region is one of the top places where jobseekers are recommended.
00:52Generally, the NCR increased.
00:56The NCR's employment rate is high.
01:00The President also has a directive that job fairs will be held every month.
01:05Through the work for the country,
01:08job fairs will continue for the 12,000 graduating Pantawid Pamila Filipino Program Beneficiaries in Metro Manila
01:15under the guidance of the Department of Social Welfare and Development and PESO.
01:19Here in the NCR, we have displaced workers of the IGL of Pogo.
01:25That is why we are also having a job fair for our displaced workers of Pogo.
01:34The President has a directive that they should look for a job.
01:38Job fairs in Iloilo and Davao are scheduled for this month.
01:42Meanwhile, if the Congress passes the additional P200 minimum wage in the private sector,
01:48the DOLE is ready to conduct a labor inspection.
01:51We go to the employers, to our establishments,
01:57to see if they are compliant with the general labor standards
02:03that include the minimum wage.
02:07Also included in the labor inspection is if the social benefits given to the employees are correct.
02:13Vel Custodio for Pambansang TV in Bagong, Philippines.
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