Statement of the Office of the Presidential Spokesperson on the improved employment figures PDF Print E-mail
Saturday, 18 June 2011 14:22

According to the 2011 Labor Force Survey, unemployment in the Philippines decreased from 8.0% to 7.2% in the period between April 2010 and April 2011. This is further proof of the government’s continued fulfillment of its Social Contract with the Filipino People.

This improvement is a collective achievement of different sectors and stakeholders, of the government, and, most importantly, of the Filipino people, who were able to find and renew their hope and optimism this past year.

The future promises even more reason for optimism, as we are paving the way for the influx of investments by improving the quality of spending to focus more on activities that will generate jobs. We remain confident of continued growth in the business sector and further good news not only in terms of employment but also in our efforts toward education and decreasing inequality through our conditional cash transfer programs.

This holistic approach to overcoming long-standing challenges has been the hallmark of the Aquino Administration and our efforts will remain diligent, thorough, and motivated.