In September, a national survey was conducted on 11,156 Filipino households, revealing that the number of unemployed individuals in the country has reached 2.26 million people. This is higher compared to 2.21 million in August, resulting in a jobless rate of 4.5% in September, up from 4.4% in August according to the Philippine Statistics Authority (PSA).
The PSA report emphasizes the ongoing increase in the number of jobless Filipinos. It signifies a continuous challenge to the country’s economy, especially as we are affected by issues such as the COVID-19 pandemic and the unfavorable state of the nation’s economy.
According to the PSA study, there are several reasons why the number of jobless individuals increased in September. First, industries like tourism and trade continue to be affected by the pandemic, leading to many people losing their jobs or struggling to find employment. Second, some parts of the country are affected by natural calamities such as typhoons and floods, which have destroyed residents’ livelihoods.
With these figures, it is crucial to focus on studying policies and programs that can help reduce the number of unemployed individuals. Cooperation is needed from the government, business sector, and the citizens to come up with solutions to this problem, especially considering the high cost of living, and people’s need for employment to support their families.
One way to alleviate the job loss crisis is to focus on creating more opportunities for workers. This can be achieved through infrastructure projects and the promotion of industries that can generate employment.
It is also essential to promote education and training for workers to maintain their skills and keep up with industry demands. This way, they will have a better chance of finding employment.
Above all, promoting programs that address the needs of workers, such as unemployment benefits and skills training, can help uplift the livelihoods of Filipinos.
By showing concern and attention to these issues, we can combat the job loss crisis and provide hope for Filipinos seeking employment. We will continue to nurture the state of our economy and strive for a more prosperous life for everyone.