Work, work, work: Bicol posts 2nd highest employment rate in PH

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The Bicol region posted the second-highest employment rate in the country at 96.2 percent, figures from the Philippine Statistics Authority’s (PSA) nationwide Labor Force Survey showed.

Aside from this, Department of Labor and Employment (DOLE) Bicol OIC-Regional Director Ma. Karina Perida-Trayvilla also boasted that the region achieved the second-lowest unemployment rate in the country at 3.8 percent.

“[This is] indeed a boost to our efforts in helping generate jobs and assisting in creating employment opportunities,” the local DOLE office was quoted as saying in a Bicol Standard report.

Only Cagayan Valley managed to beat Bicol in both categories, posting an employment rate of 96.9 percent and an unemployment rate of 3.1 percent.

Based on the PSA survey, some 3.7 million Bicolanos aged 15 years old and above were part of the labor force in the region. The number represents 67 percent of the entire labor force in Bicol.

“This figure has gone up by at least two notches from 65.3 percent from last year’s LFPR,” Trayvilla said.