Job­less Filipinos soar to 9.8 M in Q3 — SWS

The Philippine Star - - NEWS - By JANVIC MA­TEO

The num­ber of job­less Filipinos soared to 9.8 mil­lion in the third quar­ter of 2018, ac­cord­ing to a sur­vey con­ducted by So­cial Weather Sta­tions (SWS).

The sur­vey, con­ducted from Sept. 15 to 23 with the re­sults re­leased yes­ter­day af­ter­noon, re­vealed that job­less adults in the coun­try in­creased from 19.7 per­cent in June to 22 per­cent in Septem­ber.

It was lower than 23.9 per­cent recorded in March.

SWS said the lat­est fig­ure rep­re­sents an in­crease of around 1.2 mil­lion in the num­ber of job­less adult Filipinos, which was placed at 8.6 mil­lion in June.

Adult job­less­ness con­sists of those who vol­un­tar­ily left their jobs, those who lost their jobs due to eco­nomic cir­cum­stances be­yond their con­trol, termed as the re­trenched, and those seek­ing jobs for the first time.

Of the 22 per­cent in Septem­ber, SWS said 9.2 per­cent were re­trenched, 8.4 per­cent vol­un­tar­ily left their job and 4.4 per­cent are first-time job seek­ers.

Those who were re­trenched con­sisted of 6.6 per­cent whose pre­vi­ous con­tracts were not re­newed, 1.6 per­cent who were laid off and one per­cent whose em­ploy­ers closed op­er­a­tions.

SWS said adult job­less­ness stayed the high­est in Metro Manila at 26.4 per­cent (up by 6.9 points from 19.4 per­cent in June), fol­lowed by the rest of Lu­zon at 22.9 per­cent (up by 3.5 points from 19.3 per­cent), Min­danao at 19.7 per­cent (down by 1.5 points from 21.2 per­cent) and the Visayas at 19.6 per­cent (up by 0.6 point from 19 per­cent).

Job­less­ness is also higher among women, those aged be­tween 18-24 that rated them­selves as poor.

The same sur­vey also showed a de­crease in the num­ber of peo­ple who be­lieve that there will be more avail­able jobs next year.

Those who be­lieve that there will be more jobs fell eight points from 47 per­cent in June to 39 per­cent in Septem­ber.

Mean­while, those who be­lieve that there will be fewer jobs in­creased from 15 per­cent to 16 per­cent.

The sur­vey in­cluded 1,500 re­spon­dents and had a mar­gin of er­ror of +/- three per­cent.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.