The Commission on Population and Development (POPCOM) on Wednesday said the government should prioritize providing jobs for the rising number of employable Filipinos to revitalize an economy still reeling from the effects of the pandemic.
According to the Philippine Statistics Authority’s 2020 Census of Population and Housing, out of 109,035,343 individuals, more than half—or 69.40 million—are within the 15 to 64 years old working-age bracket.
“This should be a priority; otherwise, we might miss the chance to hasten the country’s socio-economic growth to further improve the quality of life of every Filipino," he added. He further discussed the United Nations Population Fund's position that falling fertility levels can create opportunities for countries to realize economic growth resulting from an increase in the number of people of working age, and a decrease in the number of dependents."...POPCOM’s interim chief echoed the UN’s position on inclusivity by tapping segments of the population that could be gainfully employed, including the disabled, immigrants, and the elderly," POPCOM said.
"This, as the labor force-participation rate, according to PSA in August 2022, is still higher among men than women at 76.2 percent and 55.9 percent, respectively."
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