The quality of employment in the country remains a concern for the National Economic Development Authority (NEDA) as it is yet to reach pre-pandemic level despite the lifting of the state of public health emergency due to COVID-19.
NEDA Secretary Arsenio Balisacan voiced the concern during the first day of the briefing on the proposed P5.768-trillion budget for 2024 in the House of Representatives.
“Quality of employment remains a key concern. The share of wage and salary workers in total employment at 61.9% as of the first semester of 2023 is yet to recover to pre-pandemic figure,” Balisacan said. The pre-pandemic share of the wage and salary workers in total employment reached 64.6% in 2019, the year before the COVID-19 pandemic grounded the world.
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