A House leader lauded the Marcos administration for its continued efforts to develop employment for Filipinos.
Rizal Consultant Fidel Nograles, chairman of the Property Committee on Labor and Employment, said the most current determine is a testomony to the continued initiatives of the current administration to make careers and raise Filipinos out of poverty.
According to the February 2024 Labor Pressure Study (LFS), the the country’s unemployment amount fell to 3.5 % in February from 4.5 per cent in January. The unemployment amount in February past 12 months was at 4.8 %.
“I am self-assured that in the months to come we will see sustained development and a lot more and extra of our fellow Filipinos locating work,” Nograles reported.
According to the Philippine Figures Authority, the amount of unemployed Filipinos went down to 1.80 million from 2.47 million and 2.15 million unemployed folks in February 2023 and January 2024.
The PSA extra that the unemployment price during the month was the second cheapest on report due to the fact the 3.1 p.c in December 2023.
Nograles explained that with the release of the employing guidelines and laws of the latest guidelines these kinds of as the General public-Private Partnership (PPP) Code and Trabaho Para sa Bayan Act, the place would see additional positions made.
“I consider the implementation of these regulations will outcome in the creation of much more, greater-high quality employment for Filipinos. Naniniwala din ako na makakaasa tayong magpapatuloy ang pag-arangkada ng imprastruktura, turismo, pabahay, at agrikultura na key position-building sectors,” the lawmaker added.
Nograles also claimed that the administration can depend on Congress’ continued aid in terms of laws that would enable increase the competitiveness and employability of Filipinos.
“Congress, under the management of Speaker Martin Romualdez, is an at any time-prepared associate of this govt in its generate to lower poverty by offering positions to the persons. Patuloy po tayong magpapasa ng mga batas na makakatulong sa pagbigay ng bentahe sa mga kababayan natin sa kanilang kabuhayan,” he said.
The country’s financial supervisors have named for the passage of the Company Productiveness Act, the Apprenticeship Invoice, and the Lifelong Studying Invoice, which they say would enable enrich the preparedness and employability of Filipinos for high-quality position alternatives.