PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday vowed to boost the quality of jobs in the Philippines, after underemployment continued to worsen in September at 15.4%.
The president vowed to improve job quality “to address underemployment while bolstering job opportunities in the country,” the presidential palace said in a statement.
Underemployed Filipinos increased to 7.33 million from 7.031 million in August, as more than 882,000 people sought to earn more income with the spike in commodity prices due to inflation, the National Economic and Development Authority said. “The Marcos administration should not overly hype the dip in unemployment figures as these only disguise huge numbers of Filipinos struggling to find decent work,” think tank Ibon Foundation said in a statement.
The government said employed Filipinos fell to 47.58 million last month, slightly fewer than 47.87 million in August though higher than 43.59 million in September last year.Labor force participation — the share of the Filipino workforce to the total working age population of 15 years old and over — slipped to 65.2% from 66.1% in August.
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