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BETTER JOB MARKET. Director Meylene C. Rosales, of the National Economic and Development Authority in Western Visayas, on Thursday (April 28, 2022) says their rebounding economy paints a rosy picture for the labor sector in the region. The region's economy grew 5.9 percent in 2021 from the -9.7 percent in 2020.(PNA photo by PGLena) ILOILO CITY - The labor sector in Western Visayas can look forward to a better job market with the 5.9 percent growth rate of the region's economy in 2021, "coming from a bleak situation" back in 2020. "The year that was in 2021 based on the positive GRDP (gross regional domestic product) of 5.9 percent paints a rosy picture at least for Region 6," said National Economic and Development Authority Regional Director for Western Visayas Meylene C. Rosales during Thursday's presentation of the economic performance of the region. She said that the economy last year has slowly reopened. The regional director cited the tourism sector
BOUNCED BACK.Nelida Amolar, OIC Regional Director of the Regional Statistical Services Office VI (RSSO VI) of the Philippine Statistical Authority (PSA), presents the 2021 economic performance of Western Visayas during a conference on Thursday (April 28, 2022). She said the region's economy bounced back with its 5.9 percent economic growth rate in 2021.(PNA photo by PGLena) ILOILO CITY - Western Visayas is on the road to recovery, rebounding with a 5.9 percent economic growth rate in 2021 from its negative 9.7 rate in 2020. "The economy of Western Visayas expanded by 5.9 percent in 2021, from the decline of 9.7 percent posted in 2020. Western Visayas remains the fifth largest economy outside of National Capital Region," said Nelida C. Amolar, OIC Regional Director of the Regional Statistical Services Office VI (RSSO VI) of the Philippine Statistical Authority (PSA) during the conference on the economic performance of the region on Thursday. She added that the region's