[Latest News][6]

2016
Achievers
Advisory
Agriculture
Albay
Albay News
Announcements
Banner
Bicol
Bicol Express
bicol local news
bicol local newspaper
Bicol News
bicol news latest
Bicol Songs
Bicol Vigilantes
Bicolana beauties
Bicolano achievers
Bikol news
Binibining Pilipinas
Business
Camarines Norte
Camarines Sur
Caramoan Massacre
Case in Point
Catanduanes
Celebrations
Church
Column
Community
Contributions
Culture
Daet
Daraga
Development
Disaster
Documents
Drugs
Economy
Editorial
Education
Entertainment
Environment
Events
Feature
Features
Filipino News
Food
Food Trip
Government
Headlines
Health
Human Interest
Infographics
Infrastructure
Iriga
Iriga City
Isipon Osipon
Jobs
Jokes
Kantang suanoy
Legazpi
Legazpi City
Letters
Libmanan
Lifestyle
Ligao City
Live
Masbate
masbate city
mayon
MayonPH
Media
Mining
Modelo Bikolano
Nabua
Naga
Naga City
Nagueno
Nation
National
News
News Bullets
OFW
Opinion
Oragon
Orgullo
Palarong Bicol 2014
Palarong Bicol 2015
Penafrancia
Penafrancia 2014
Photos
Places
PNR
Police
Police Report
Politics
Polls
Power
Power Watch
Rawitdawit
Region
Science
Sorosgon
Sorsogon
Sorsogon City
Sorsoson
Special
Sports
Tabaco City
Tigsik
Tips
Tourism
Trending
Trivia
Videos
virac
Weather
Weekly Roundup
Who reads Bicol Standard
Willy Bayola
World
Youth

Bicol posts 2nd highest employment rate in PH

LEGAZPI CITY—“Achieving a distinction as a region with the second highest employment rate is indeed a boost to our efforts in helping generate jobs and assisting in creating employment opportunities.”

DOLE Bicol OIC-Regional Director Atty. Ma. Karina Perida-Trayvilla.

This was Department of Labor and Employment–Regional Office No. V’s reaction after learning that Bicol posted the second highest employment rate in the latest national Labor Force Survey (LFS) conducted by the Philippine Statistics Authority.

According to the LFS, more jobs were generated in the Bicol region pushing its employment rate to 96.2 percent, the second among the regions and even surpassing the 93.9 percent national employment rate. Bicol region likewise posted the second lowest unemployment rate in the country at 3.8 percent.

“We have almost a 100 percent employment rate and it is even more notable that we have the second lowest unemployment rate in the entire country,” said Department of Labor and Employment (DOLE) Bicol OIC-Regional Director Atty. Ma. Karina Perida-Trayvilla.

Cagayan Valley has the highest employment rate at 96.9 percent and lowest unemployment rate at 3.1 percent.

The survey shows that out of the total population in the region, some 3.7 million Bicolanos aged 15 years old and above are part of the labor force comprising the 67 percent labor force participation rate of the region.

“This figure has gone up by at least two notches from 65.3 percent from last year’s LFPR,” Trayvilla said.

Trayvilla attributed these developments not only to their department but also to the active implementation of the programs and services of all the government offices and LGUs in the entire region.

“Although our major employment enhancement programs like the Job Fairs, Job Search Kiosks, Government Internship Program (GIP), DOLE Kabuhayan Starter Kit, Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD), and Special Program for the Employment of Students (SPES), may have been a big factor on this, still it is the convergence of programs from other agencies and LGUs that brought Bicol to this high employment rate,” she said.

DOLE Bicol further eyes lower poverty incidence in the region since most Bicolanos are actively earning.

“Of course if you’re gainfully employed then you are earning and that earnings could transform the daily living of not just an individual but the entire family. Our vision is to have at least two family members having sustainable income,” Trayvilla said.

However, the region posted 33.6 percent underemployment rate, the highest among the regions and even higher by 4.3 percent compared to the underemployment rate recorded last year. Moreover, Trayvilla said DOLE Bicol sees this as an opportunity rather than a setback.

“We see this as a stepping stone and opportunity. Sooner or later those underemployed will transition to a better job,” she said. (by Raymond Escalante)

Bicol Standard

Bicol news

Start typing and press Enter to search