Live Breaking News & Updates on As High At 105 Percent

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 ....

Iloilo City , Nelidac Amolar , Visayas Meylenec Rosales , Philippine Statistical Authority , Regional Statistical Services Office , National Economic , Development Authority Regional , Department Of Labor , Western Visayas , Development Authority Regional Director , Western Visayas Meylene , Better Job Market Director Meylenec Rosales , F The National Economic And Development Authority In Western Visayas , N Thursday April 28 , 022 Says Their Rebounding Economy Paintsa Rosy Picture For The Labor Sector In Region 39s Grew 5 9 Percent 2021 From 7 2020 Pna Photo By Pglena Iloilo City Western Visayas Can Look Forward Toa Better Job Market With Growth Rate Of , Uot Coming Froma Bleak Situation Quot Back In 2020 The Year That Was 2021 Based On Positive Grdp Gross Regional Domestic Product Of 5 9 Percent Paintsa Rosy Picture At Least For Region 6 , Uot Said National Economic And Development Authority Regional Director For Western Visayas Meylenec Rosales During Thursday 39s Presentation Of The Performance Region She That Economy Last Year Has Slowly Reopened Cited Tourism Sector Instance , Hich Showed Improved Job Generation From The Quot Joblessness State Based On Region 39s Economic Performance , He Services Sector Which Is Composed Among Others Of Service Establishments Rebounded By Six Percent And Contributed 3 5 Percentage Points To The 9 Growth Quot This Isa Good Prospect For Our Workers , Uot She Said Nelidac Amolar , Ic Regional Director Of The Statistical Services Office Vi Rsso Philippine Authority Psa , Na Follow Up Interview On Friday , Aid Based On Their Data The Region Is Slowly Reaching Pre Pandemic Employment Rate Quot With Help Of Tourism Related Industries And Construction Industry , I Know That It Will Continue 39 Sa Good Outlook For Our Labor Force , Uot Amolar Said The Performance Of Construction Industry Rebounds By 13 1 Percent After Declining To 17 8 In 2020 Accommodation And Food Services Also Grew 16 7 From Negative 59 5 Growth Rate Rosales Her Presentation Citing Data Department Labor Employment Dole That Last Year Increased 3 Percentage Points Or 93 92 While Unemployment Declined 15 Number Establishments Retrenched Workers Was Lower 03 At 987 There Wasa Substantial Decrease Stopped Operations 110 Against 204 Underemployment , As High At 105 Percent ,