June’s work optimism ‘ Record-high ‘: SWS survey

SWS survey

According to the June Social Weather Stations (SWS) survey published Friday, a “record-high” percentage of Filipinos is hopeful that more jobs will be accessible in the next 12 months.

A total of 55% of the 1,200 participants said there might be more jobs in the next year, 12% said there would be fewer jobs accessible, 22% anticipated “no change.”

The information resulted in a Net Optimism “record high” score of + 43 “Excellent,” 6 points greater than the Very High “+ 37 score in March.

In past studies, the Net Optimists score achieved Excellent rates in only two other occasions.

The level of unemployment among adults rose to 20.7% or about 9.8 million of the adult workforce, from 19.7% or 9.4 million in March.

This accounts for work seekers for the first time, voluntary resignations and those who have lost their livelihood.

The labor force stayed constant, estimated at 47.4 million. The force is made up of those 18 years of age and older who have a work.

Adult unemployment is also 28% or 6.1 million greater among females than males compared to 14% or 3.7 million among males, the study showed. Employment among 18 to 24-year-olds is also the highest.

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