El Niño worsens joblessness in April

More Filipinos are looking for job opportunities as the country’s unemployment rate climbed to four percent in April from 3.9 percent in March, with the agriculture sector taking a hit from El Niño.MANILA, Philippines — The country’s unemployment rate went up in April as the El Niño phenomenon continued to affect jobs in the agriculture sector, according to the Philippine Statistics Authority .

The latest unemployment rate, however, was lower than the 4.5 percent jobless rate in the same month last year. In terms of magnitude, there were 48.36 million employed Filipinos in April, lower than the 49.15 million employed in March, but higher than the 48.06 million in April 2023. Last April, President Marcos signed Executive Order 59, which aims to expedite the implementation of the country’s Infrastructure Flagship Projects by streamlining the processing of permits for priority infrastructure projects.To sustain labor gains, the NEDA said the government continues to work on improving the investment landscape and the workforce.

“The government aims to assist Filipino workers in the digital age. Initiatives include reducing job search duration, upskilling the workforce and facilitating the transition toward higher-income jobs. The urgent passage of next-generation reforms, including the Konektadong Pinoy Bill, will play a crucial role in opening up more work opportunities and developing digital skills among the workforce,” Balisacan said.Thinking of smarter buys? Here are 6 tech recos you can score this 6.

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