00:00The government is taking more than just baby steps forward in its agenda and mission to turn the economy around from last year's numbers.
00:07And the latest figures show significant strides thus far in slashing the jobless rate by more than 50% for starters.
00:15Allow me to dwell on other successful anti-poverty measures such as the Walang-Gutong program,
00:20governments upskilling in climate resiliency programs, hitting their marks in this report gathered by our Claesel Pardiglia.
00:27The Philippine economy remains resilient.
00:32During the Economic and Development Council meeting led by President Ferdinand R. Marcus Jr. and his economic team,
00:38the administration highlighted the economy's positive momentum, driven by ongoing government programs.
00:44One key indicator, employment.
00:46From an unemployment rate of 10.3% in 2020, the figure dropped to 4.7% in 2025.
00:54Underemployment also declined.
00:55Ibig sabihin nito ay dumarami na ang mga kababayan nating may disenting trabaho.
01:01Ayon din sa economic team, naitala ang underemployment rate na 16.2% noong 2020.
01:09Ibig sabihin, maraming mga manggagawa ang may trabaho,
01:13ngunit hindi angkop sa kanilang galing o sapat sa kanilang pangangailangan.
01:18Nitong nakaraang taon, malaki ang ibinaba nito at umabot sa 13.6%.
01:24Sinyales na mas maraming tao ang nakahanap ng mas angkop at mas sapat na trabaho.
01:32To sustain job creation, the Marcus administration is implementing programs such as the Bagong
01:37Pilipinas Servicio Fair, which brings employment opportunities closer to Filipinos through job
01:42fairs held across the country.
01:44The government is also expanding TESTA's skilling and upskilling programs.
01:48It prepares Filipinos for in-demand and emerging jobs.
01:52The Walang Gutong program of the Department of Social Welfare and Development will be intensified.
01:56This program provides food credits to the most vulnerable families.
02:01According to Malacanang, the number of Filipinos living in poverty dropped by more than 2 million
02:05in 2023 compared to 2021.
02:08The palace assured the public that the government remains determined to create more quality jobs
02:12and reduce poverty to single-digit levels by 2028.
02:16This while ensuring that public funds are used properly.
02:19Ipinag-utos naman ng Pangulo na bigyan tugon ang flood control issue,
02:24epekto ng climate change at ilang external forces na sumusubok sa ekonomiya ng bansa.
02:31Naniniwala ang Pangulo na kailangan magkaroon ng reforma sa paggamit ng pondo ng bayan
02:38upang hindi na maulit ang nangyari noong mga nakaraang mga maanumalyang flood control projects.
02:44The president has directed the strengthening of government's response to climate change
02:49through improved forecasting, the use of modern technology, and faster response to his impacts.
02:54Meanwhile, the administration aims to further improve the Philippines' economic ties with other countries,
03:00particularly with its ASEAN neighbors.
03:02Dinigindiin din ng Pangulo na dapat pang palakasin ang nampamahalaan
03:07ang pakikipag-ugnayan sa ibang bansa, lalo na sa ASEAN, upang patatagin ang usaping pang-ekonomiya.
03:15This is Sharm Zespina from the National TV Network for a New and Better Philippines.
Comments