Joblessness dips, optimism down in first quarter SWS survey

Published by rudy Date posted on May 1, 2017

By: Frances Mangosing, INQUIRER.net, May 01, 2017

There were 800,000 less jobless Filipinos in the first quarter of 2017 but optimism that there will be more jobs in the next 12 months fell during the same period.

Joblessness was down 2.2 percentage points to 22.9 percent, or 10.4 million jobless adults, the Social Weather Stations said on Monday, Labor Day. The jobless rate was at 25.1 percent, or 11.2 million, in the December 2016. It shows an improvement of 800,000 less jobless Filipinos.

 

SWS defined “joblessness” as those without a job at present and are looking for a job. Those who are not working, without a job but not looking for one are not counted.

The survey conducted March 25 to 28 used face-to-face interviews with 1,200 adults nationwide. It had a margin of error of ±3 points. The results were first posted on BusinessWorld’s website.

The March survey put labor force participation rate at 72.2%, or 45.5 million. It shows a slight improvement from December’s 72.1 percent equivalent to 44.8 million, the SWS said. The result shows an increase of 700,000 in labor force participation.

But the optimism rate that there will be more jobs dropped to 44 percent from 48 percent in December. Despite the drop, the SWS classified the rating as “high.”

Those who believed there will be fewer jobs in the same period increased to 15 percent from 12 percent. Those who said there would be no change in job availability hardly moved to 27 percent from December’s 28 percent, the SWS said.

Presidential spokesperson Ernesto Abella said the 2.2 percent drop in joblessness affirmed “the significant strides of the Duterte administration in in sustaining the country’s robust economic growth and making it inclusive.”

May 1 marks the first Labor Day of President Rodrigo Duterte as President.

“The government increased investments in infrastructure will usher in the Golden Age of Infrastructure through our Build-Build-Build campaign which is expected to employ millions of Filipinos in the next five years and spur economic activities by stimulating countryside development,” Abella said. CBB/rga

April 2025

World Day for Safety and Health at Work
“Safety and health at work every day!”

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:

March – Women’s Role in History Month
April – Month of Planet Earth

Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week

Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work

Trade Union Solidarity Campaigns

No to Trafficking

Jobs! Jobs! Jobs!

Categories