The Daily Tribune
Marcos touts job gains
President Ferdinand "Bongbong" Marcos Jr. announced that the Philippine unemployment rate reached a two-decade low of 3.8 percent in February 2025.
Marcos attributed this improvement to effective local economic management, increased investor confidence, and continuous job creation initiatives.
The Philippines attracted $27 billion in investments from 2022 to 2024, with investment promotion agencies recording over P4 trillion in the same period.
These investments are projected to generate more than 352,000 jobs for Filipinos.
The government has organized over 4,000 job fairs, which have connected nearly 170,000 job seekers with immediate employment opportunities.
To streamline the hiring process, Marcos announced "one-stop shops" at job fair venues where various government agencies will provide on-site document services and health checks.
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The Philippine unemployment rate slightly increased to 3.9% in March 2025 from 3.8% in February 2025, a rate that remains flat compared to March of the previous year.
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The Department of Labor and Employment (DOLE) organized job fairs nationwide for Labor Day, offering thousands of job vacancies.
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President Ferdinand Marcos Jr. pledged to prioritize and protect the welfare of Filipino workers on Labor Day.
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Over 216,000 job vacancies, including 181,933 local and 34,211 overseas opportunities, will be available in nationwide job fairs organized by the Department of Labor and Employment (DOLE) for the 123rd Labor Day.
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President Ferdinand "Bongbong" Marcos Jr. stated on Labor Day that the economic impact of wage hikes necessitates careful study, favoring region-specific increases over a legislated hike.
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