THE Commission on Population and Development (PopCom) highlighted the important role of a robust working-age population in achieving socioeconomic development through a state of demographic dividend, with the 64 percent ratio of working-age Filipinos in 2020.
The PopCom referenced the latest Philippine Statistics Authority's Labor Force Survey, which indicates a continued rise in the employment rate at 94.8 percent in July 2022, estimated at 47.39 million employed people, compared to the 41.67 million in the same period in 2021.
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