JOBLESS PINOYS REACH 9.8 MILLION
JOBLESS adult Filipinos numbered 9.8 million in the third quarter of the 2018, according to a Social Weather Stations (SWS) survey, whose results were released on Saturday.
In a survey conducted from Sept. 15 to 23, 2018, the SWS said adult joblessness was at 22 percent, which is 2.3 points higher the 19.7 percent recorded in June 2018.
Of the total number of jobless adults, 9.2 percent — or 4.1 million — were retrenched, 8.4 percent — or 3.7 million — voluntarily left their jobs, and 4.4 percent — or two million — were first-time job seekers.
The 9.2 percent who were retrenched composed of 6.6 percent had previous contracts that were not renewed, 1.6 percent were laid off, and 1 percent had employers that closed operations.
SWS said joblessness was highest in Metro Manila with 26.4 percent, which is 6.9 points up from 19.4 percent in June 2018.
In Balance Luzon, joblessness was at 22.9 percent which is 3.5 points higher than 19.3 percent in June.
In Mindanao, it was at 19.7 percent down by 1.5 points from 21.2 percent in June.
Meanwhile, in Visayas, joblessness also increased with 19.6 percent which was .6 points higher from 19 percent in June. —