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<center>[[Davao Oriental Province, Philippines|<font size=4>'''Province of Davao Oriental'''</font>]] - [[Davao Oriental Archived News|<font size=4 color=green>'''Archived News'''</font>]]</center> | <center>[[Davao Oriental Province, Philippines|<font size=4>'''Province of Davao Oriental'''</font>]] - [[Davao Oriental Archived News|<font size=4 color=green>'''Archived News'''</font>]]</center> | ||
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==Davao Region unemployment rate hits 3-year low== | |||
*Source: http://pia.gov.ph/?m=7&r=r11&id=69211 | |||
*By: PIA | |||
*''December 22, 2011'' | |||
The unemployment rate in Davao Region has hit a 3-year low, according to figures from the Department of Labor and Employment. | |||
According to DOLE-XI Regional Director Atty. Joffrey Suyao, the unemployment figure taken from January to July 2011 is pegged at 5.8 percent. This is lower compared to the 6.1 percent unemployment rate of 2010. The unemployment rate in 2009 registered at 5.9 percent. | |||
The region has an employment rate of 94.2 percent as compared to national average of 92.9 percent. | |||
“Although the growth is small, but this is something we can build upon,” Suyao said. | |||
Suyao credits the current construction boom with the building of hotels and malls, the entry of more investments as current drivers for employment growth. He added that peace and order continues to be the main attraction of the region particularly in Davao City. | |||
According to the National Statistics Coordination Board; the jobless rate in the country for 2011 (January to October year) hit at around 6.4 percent. This is the lowest jobless rate since 2007 when it unemployment rate registered 6.3 percent. The employment growth translated to 2.1 million jobs created from January to October of this year. | |||
According to Press Secretary Edwin Lacierda, the jobs growth is a manifestation of government’s efforts to create conducive business and investment environment. | |||
==2 farmers from Davao Region bag National Gawad-Saka awards== | ==2 farmers from Davao Region bag National Gawad-Saka awards== | ||
*Source: http://pia.gov.ph/?m=1&t=1&id=67590 | *Source: http://pia.gov.ph/?m=1&t=1&id=67590 |
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