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ដោយ: Xinhua
MANILA:The Philippines has recorded its lowest underemployment rate in more than a decade, despite the decrease in total employment in October 2017, the National Economic and Development Authority (NEDA) said on Tuesday.
The Labor Force Survey of the Philippine Statistics Authority, a NEDA-attached agency, said underemployment rate, or the proportion of employed wanting additional work hours, was recorded at 15.9 percent in October 2017.
"This is 2.1 percentage points lower from the 18.0 percent recorded in 2016," the NEDA said, adding the rate represents approximately 893,000 less underemployed workers.
It said the number of remunerative and stable wage and salaried workers also increased by about 624,000, while vulnerable employment or the proportion of self-employed and unpaid family workers to total employment further decreased to 33.9 percent in October 2017, an improvement from 36.3 percent recorded a year ago.
"The lower underemployment rate and the higher proportion of wage and salary workers indicate improvement in the quality of employment in the country," Philippine Socioeconomic Planning Secretary Ernesto Pernia said.
However, NEDA said the total employment decreased to 41.6 million in October 2017, 0.3 points lower from a year ago. Employment rate also fell to 95 percent from 95.3 percent in 2016.
The survey shows agriculture, accounting for 25 percent of the country's total employment, shed around 1.4 million employment (or -12.1 percent). "The said sector contributed to the setback in the overall employment rate in October 2017," the agency said.
Pernia said the sector requires sustainable productivity improvements by promoting value addition, product diversification, and accelerating local infrastructure provision like irrigation systems and farm-to-market roads.
On the other hand, NEDA said industry and services, which accounted to 75.1 percent of the total employment, increased by 5.2 percent and 4 percent, respectively.
The agency stressed the need to pursue policies to increase labor force participation of women, including improved access of women to entrepreneurial opportunities.
The Labor Force Survey of the Philippine Statistics Authority, a NEDA-attached agency, said underemployment rate, or the proportion of employed wanting additional work hours, was recorded at 15.9 percent in October 2017.
"This is 2.1 percentage points lower from the 18.0 percent recorded in 2016," the NEDA said, adding the rate represents approximately 893,000 less underemployed workers.
It said the number of remunerative and stable wage and salaried workers also increased by about 624,000, while vulnerable employment or the proportion of self-employed and unpaid family workers to total employment further decreased to 33.9 percent in October 2017, an improvement from 36.3 percent recorded a year ago.
"The lower underemployment rate and the higher proportion of wage and salary workers indicate improvement in the quality of employment in the country," Philippine Socioeconomic Planning Secretary Ernesto Pernia said.
However, NEDA said the total employment decreased to 41.6 million in October 2017, 0.3 points lower from a year ago. Employment rate also fell to 95 percent from 95.3 percent in 2016.
The survey shows agriculture, accounting for 25 percent of the country's total employment, shed around 1.4 million employment (or -12.1 percent). "The said sector contributed to the setback in the overall employment rate in October 2017," the agency said.
Pernia said the sector requires sustainable productivity improvements by promoting value addition, product diversification, and accelerating local infrastructure provision like irrigation systems and farm-to-market roads.
On the other hand, NEDA said industry and services, which accounted to 75.1 percent of the total employment, increased by 5.2 percent and 4 percent, respectively.
The agency stressed the need to pursue policies to increase labor force participation of women, including improved access of women to entrepreneurial opportunities.
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