The Department of Labor and Employment (DOLE) reported on Wednesday that the number of jobless Filipinos had declined by 200,000 as the country recovers from the effects of the global financial crisis.
DOLE said data from the National Statistics Office (NSO) showed that unemployed persons nationwide dropped to 2.7 million in July compared to the 2.9 million jobless workers recorded during the same period last year.
Based on results of the NSO’s latest Labor Force Survey (LFS), male workers account for 62.6 percent of the total number of unemployed citizens while a majority or 52.5 percent belong to 15 to 24-years age group.
About one-third (32.5 percent) of the unemployed were high school graduates, 22.7 percent were college undergraduates, and 20.5 percent were college graduates.
Labor officials said the lingering effects of the financial crisis have increased the number of jobless Filipinos last year with Cavite, Laguna, Batangas, and Quezon (CALABARZON) region bearing the brunt. (PIA)
