DAVAO CITY (MindaNews / 11 April)—The employment rate in the country was reported at 95.2% in February, data released Tuesday by the Philippine Statistics Authority (PSA) said. Sugarcane plantation…
DAVAO CITY —The employment rate in the country was reported at 95.2% in February, data released Tuesday by the Philippine Statistics Authority said.This translates to an estimated 48.80 million individuals employed across the country.
Although the 95.2% employment rates for both January and February 2023 were higher than during the same periods last year, they were, however, lower than the last quarter of 2022—95.5% in October, 95.8% in November, and 95.7% in December.
The agriculture and industry sectors came in at second and third, accounting for 24.1% and 16.3% of the total employed persons, respectively, according to the PSA. On the other hand, human health and social work activities, construction, mining and quarrying, information and communication, and manufacturing reported the biggest drop in terms of employment generation.
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