NCR lost most jobs, had fewest new ones

Quick Summary:

METRO Manila, the nation’s economic and political center, lost the most jobs and created the least employment in July 2024, according to the latest data from the Philippine Statistics Authority (PSA).

Mapa said the top reasons for the decrease in the labor force were household family duties, which was cited by 897,000 workers who opted out of the labor force.

With this, the number of jobless Filipinos increased to 2.38 million in July 2024.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Philippine unemployment Youth unemployment Top News Economic development Job market July 2024 Economy Metro Manila job losses Labor force statistics Female labor participation Neda job strategies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 16:04:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 775 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22398918

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 21 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

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Publication Timezone: GMT +8:00

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Publisher ID: #37

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