The economy of the Philippines might not be too rosy the past years but Filipino workers still have reasons to smile these days.
According to data gathered by the Department of Labor and Employment (DOLE), the employment rate in the National Capital Region increased last year.
Within that period, more people reportedly signed up for work compared to those who were fired or voluntarily quit their jobs.
According to DOLE’s Bureau of Labor and Employment Statistics (BLES), Metro Manila registered a labor turnover rate of 2.38 percent in the third quarter of 2013.
The BLES said the figure is slightly higher than the 2.35 percent during the same period in 2012. BLES got their data by observing the job creation, accession and displacement of Filipino workers all over the Philippines.
Labor Secretary Rosalinda Dimapilis-Baldoz said the employment rate in NCR rose due to the robust growth in the domestic economy.
According to reports, BLES got their data from 763 large enterprises that responded to the survey made by the labor agency.
The labor department revealed that 84 out of 1,000 workers were hired due to expansion or as replacements, while only 60 workers out of every 1,000 were either laid off or quit their jobs during the same period in NCR.
Moreover, DOLE said the strongest growth in employment was felt in the industry and services sector. Sources said construction and agriculture, fishery and forestry also provided huge employment to workers in NCR the past year.