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online payday loans He’s the No. 2 Republican in the Senate. And he said that there was a lot more negotiating to be done. This estimated rate is lower than the reported 94.7 percent in January 2020.By region, unemployment rates in seven areas of the country were reportedly higher than the national estimate of 8.7 percent in January 2021.Two of these regions, Calabarzon and Bicol Region payday loans online, reported double digit unemployment rates of 13.1 percent and 11.3 percent, respectively.By industry group, the services sector remained dominant with 57.2 percent share to the total employed persons, followed by the agriculture sector with 24.4 percent share, and the industry sector with 18.4 percent which accounted for the smallest share.Sectors that bounced backThe top three sub sectors that bounced back in terms of employment level from October 2020 to January 2021 were arts, entertainment and recreation under the services sector (25.7 percent), mining and quarrying under the industry sector (14.1 percent) and real estate activities (11.3 percent).On the other hand, the fishing and aquaculture sub sector registered the lowest drop in employment by 16.1 percent from October 2020 to January 2021.In terms of year on year employment growth rates, two sub sectors reported the biggest declines in employment, namely, electricity, gas, steam and air conditioning supply at 34.7 percent and arts, entertainment and recreation at 31.8 percent.On the other hand, information and communication had the highest year on year employment growth rate (25 percent) followed by human health and social work activities (11.9 percent).Meanwhile, the Department of Labor and Employment (Dole) emphasized the need for digital skills as the Covid 19 pandemic changed the labor market.Among the findings of the JobsFit Covid 19 Labor Market Information (LMI) Report of Dole is that new skill sets among workers and jobseekers, particularly on digital and technical know how, are needed to keep up with the labor market.This is caused by the digital economy further gaining ground amid the pandemic.”Facilitating access to the labor market through timely, relevant and accurate labor market information is part of the government’s action plan towards economic and social recovery,” Labor Secretary Silvestre Bello III said in a statement.The document, which is a mid term update of the JobsFit 2022 LMI Report, underscored enabling better matching of skills and employment opportunities as the pandemic reshapes the labor market.”As we are forced to shift to more digital transactions due to the pandemic, there will also be a corresponding shift of demand of labor skill sets towards adeptness in information technology (IT) technical and digital know how. These skills will be very much in demand moving forward.In terms of impact on employment, recovery from the drastic slump in the labor market was seen in the July 2020 round of the Labor Force Survey. However, underemployment is still relatively high in comparison to the pre pandemic level.This may be accounted for by the flexible work arrangements still being implemented by some companies.New industries that emerged are in the government sector, general services and utility, and accounting.In terms of occupations, call center agent, customer representative/service assistant, nurse, and sales clerk positions consistently remained at the top of the payday loans

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