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PIA Press Release
2007/04/18

CV contributes 16% of RP’s total job generation

Cebu City (18 April) -- Central Visayas contributed 16 percent to the total employment generation nationwide in 2006 being one of the biggest regions that absorb employment.

Department of Labor and Employment (DOLE-7) regional director Elias Cayanong in a PIA Kapihan on job generation disclosed that the region has a total workforce of about 2.6M. Of the figure, about 2.4M are employed and the remaining 200T still seeking for jobs.

Cayanong said based on previous years, every second quarter of the year always posted a slight increase in unemployment rate due to the influx of college graduates looking for jobs.

From an average unemployment rate of 7.3 percent, the unemployment rate currently rose to 7.5 percent this April after the graduation season, this is said.

Cayanong however said the rise in unemployment rate is very minimal and that the region was able to substantially decrease the unemployment rate from 11.8 percent a few years back to an average of 7.3-7.5 percent today.

DOLE-7 division chief on the employment promotion Grace Diaz in the same forum disclosed there are top seven employment generators in the region. These are in the areas of information technology particularly in cyber services, hotels and restaurants, aviation, agribusiness, health services especially in the health and wellness, mining and medical tourism.

DOLE-7 assistant regional director Exequiel Sarcauga on the other hand, admitted that there are plenty of jobseekers compared to the number of employment opportunities available particularly in Cebu being the center in the Visayas region. Apart from contending with thousands of new college graduates, other people from the provinces flock to Cebu to look for job opportunities which makes the employment climate very competitive, this is learned.

Sarcauga said the DOLE-7 has come up with the work-trend entrepreneurship program to develop people especially those in the informal sector to become entrepreneurs. Their office has linked with the local government units such as the town of Carcar where it is known for its ‘ampao’ delicacy and local shoe industry among other home-based industries, according to Sarcauga.

Job generation is a top priority of the present administration as President Gloria M. Arroyo promised to provide 10M jobs from the start of her term in 2000 until her reign ends by 2010. (PIA-Cebu/FCR) [top]

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