I BET the rumors of a destabilization plot against the administration of President Ferdinand Marcos Jr. are just gossips peddled by attention fishers.

And even in the remote possibility that the rumors are true, any plan to undermine the government would miserably fail.

For how can one weaken a leadership admired by the people for moving the country forward – a fact backed by favorable economic statistics.

The last time I checked, inflation is down and commerce is robust. Likewise, foreign investments are up, thanks to the foreign business trips made by the President last year.

And just recently, the Marcos administration reported another feat, this time at the labor front.

In a move seen to discourage support for destabilization, the government bared Philippine unemployment rate fell to its lowest level in November last year.

Moreso, it also revealed employment reached its highest since April 2005.

State figures showed unemployment rate further went down to 3.6 percent during the month, down from the 4.2 percent recorded in November 2022 and October 2023.

The country’s employment rate was estimated at 96.4 percent, also the highest recorded since April 2005. The number of employed Filipinos was estimated at 49.64 million.

Clearly, it’s another job well done by the government as recognized by a distinguished lawmaker.

The lowest unemployment rate since 2005 demonstrates the Marcos administration’s commitment to providing opportunities for decent livelihood for all, said Albay 2nd District Rep. Joey Salceda.

Salceda said President Ferdinand R. Marcos Jr. has focused on the agriculture, aquaculture and fishing sectors, which were fundamental to addressing food prices and rural poverty.

Salceda noted that jobs growth was buoyed in large part by agriculture with 1.24 million more jobs, and fishing and aquaculture with 305,000 jobs.

He said growth in construction and transportation also indicates higher demand for housing and consumer goods, which are positive signs for an economy.

The government vowed to work harder to further reduce the country’s unemployment rate.

“We hope the employment rate continues to increase and the unemployment further dips for the benefit of our workers,”said Labor Secretary Bienvendo Laguesma.

He noted that to achieve these goals, they would create more job opportunities by partnering with the business sector as well as other government agencies.

“DOLE will continue to collaborate with the private sector, particularly business organizations; and do convergence with other government departments, so that more decent, remunerative, and quality jobs can be created,” he added.

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