MANILA, May 29 -- Despite continued growth in the Filipino educated workforce, millions remain unemployed or underemployed, the Commission on Population and Development (CPD) said on Friday.

CPD Executive Director and Undersecretary Lisa Grace Bersales warned that the country may fail to maximize its demographic advantage if job creation efforts are not strengthened.

"Population growth must be matched with the creation of quality, decent, and sustainable jobs," she said in a news release.

Bersales noted that while population is a resource, human capital becomes an economic asset only when people are healthy, educated and employed, adding that a growing workforce alone does not automatically translate into economic gains.

"A large wor...