The seasonally adjusted unemployment rate fell to 4.5% in the period from December 2021 to February 2022, from 7.2% in the same period the year prior.
The unemployment rate in January was 6.4%, the lowest in two years or since the 5.3% in January 2020 before the pandemic began.
Some 254,000 jobs were added in healthcare and social services, while some 135,000 jobs were added in transportation and warehouses.
The number of unemployed people fell from 687,600 persons in December 2021 to 680,400 in January this year, representing a 1.1% decrease.
Uncertainty over the pandemic’s effects on the economy and the high unemployment rate are likely to keep employees in their current jobs.
The impact of the Omicron variant on economic activity has not been significant, allowing activities within the country to proceed.
Government support ensured the unemployment rate hit 3.5% instead of 7.5% in 2021, said the country's finance ministry.
The huge demographic “bonus” and Industrial Revolution 4.0 (4IR) will drive manpower challenges, said Manpower Ministry official.
The handouts will exclude workers who lost their jobs before the current wave of outbreaks began last December.
The unemployment rate fell to 6.57% in January – the lowest since March last year, contributed by a decrease in rural unemployment.
The number of discouraged workers in South Korea spiked to an all-time high in 2021 amid a weak labour market due to the prolonged pandemic.
The unemployment rate fell by 0.02 percentage points from November to 3.64% in December, as the country continues to recover from the pandemic.
The states of New South Wales and Victoria each added 32,000 and 25,000 to the employment numbers in late 2021, respectively.
Among Southeast Asian countries, Vietnam ranks second, while Indonesia takes top place at 6.1 million unemployed.
Certain sectors, such as wholesale and retail, saw more employment, which contributed to the overall employment stability.
The number of unemployed persons fell below 700,000 in November, its lowest level since April 2020, according to the Department of Statistics.
Altogether, the government has disbursed PHP26.1 billion worth of social protection assistance under various programmes.
The number of first-time jobseekers and workers who quit their jobs fell by 4,000 over the same period, as Taiwan's economy continues to recover.
The jobless rate was 2.6% in November, down 0.8 percentage point year-on-year. The rate was 3.1% on a seasonally adjusted basis.
Across most sectors, the unemployment rates fell in the September-November quarter as compared with the preceding three month period.
These workers were more likely to lose their jobs because they dominated sectors that were hard-hit, like hotels and restaurants, wholesale, and retail.
The easing of restrictions in New South Wales and Victoria impacted the national jobs figures significantly, with employment rising in both states.
Resident employment grew by 19,100 in Q3 but, at the same time, non-resident employment fell by 21,500, said the Ministry of Manpower (MOM).
The survey of 760 human resource professionals also showed that 85% of workers in workplaces with vaccine mandates supported them.
The jobless rate in the country dropped to 4.3% in October, falling 0.2 percentage point month-on-month and was the lowest since April 2020.
This is defined by the Department of Labour and Employment as workers in part-time roles looking for longer working hours or higher-paying jobs.
The jobless rate fell from 8.9% in September to 7.4% in October as more relaxed pandemic measures allowed people to find work.
Government data has shown that the country’s jobless rate fell to 2.7% in October, decreasing by 0.1 percentage point month-on-month.
The number of paid employee jobs rose 3.6% in the second quarter amid signs of the economy’s recovery from the pandemic.
By Q3’21, the total number of people employed had fallen by 196,400, of which 113,500 jobs were lost during the circuit breaker period in Q2'21.
