Dissecting Data: 360,000 Filipinos find jobs in June; 30,000 join jobless ranks

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June labor data from the Philippine Statistics Authority showed more Filipinos braved the job market, with 390,000 more Filipinos boosting the Labor Force Participation rate to 65 percent for the month.

This meant that even though the unemployment and employment rates remained steady month-on-month at 7.7 percent and 92.3 percent respectively, there were actually more Filipinos who either found work or remained jobless.

Unfortunately, whatever progress observed over the last few months will inevitably be interrupted by the coming Enhanced Community Quarantine in the National Capital Region, which takes effect on Aug. 6.“Kung pagbabasehan ang nakaraang datos nung nakaraang taon, kung saan nagkakaroon ng ecq implementation, doon nakikita ang pagtaas ng unemployment rate. That is our expectation this August," National Statistician Undersecretary Dennis Mapa said.

Socioeconomic Planning Sec. Karl Chua on hard lockdowns: Latest estimate from NEDA. Each week of ECQ in NCR will cost the economy 105 billion— Warren de Guzman July 30, 2021 "With this rapid progress in the rate of inoculation and the expected arrival of 132.7 million doses in the next six months, we are confident that we can vaccinate 70 million Filipinos or the entire adult population by the end of 2021," the statement said.

There have been previous concerns regarding contact tracers, which were hired by the government on 6-month contracts in January.

 

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