Aklan 2nd district Rep. Teodorico Haresco Jr. The creation of at least 1.6 million jobs are at stake with the proposed economic-themed revisions to 1987 Constitution, House Committee on Appropriations Vice Chairman Aklan 2nd district Rep. Teodorico Haresco...
The National Economic and Development Authority (NEDA) led the signing of the implementing rules and regulations (IRR) for the Republic Act 11962 or the Trabaho Para sa Bayan (TBP) Act. NEDA Secretary Arsenio M. Balisacan said on Tuesday, March 12, that before the signing, they first consulted with...
Senate Majority Leader Joel Villanueva said on Saturday, March 9 that the full implementation of the Trabaho Para sa Bayan (TPB) law can help address the country's unemployment woes. Villanueva made the statement after the Philippine Statistics Authority (PSA) reported that the unemployment rate...
House Speaker Martin Romualdez (Speaker’s office) Unemployment rate went up, you say? House Speaker Martin Romualdez says that this is exactly why Resolution of Both Houses (RBH) No.7, which espouses economic Charter change (Cha-cha), is needed. In...
Despite the rise in the unemployment rate, the Department of Finance (DOF) noted that the quality of employment in the country is improving, with an increasing number of Filipinos securing formal and stable jobs. Finance Secretary Ralph G. Recto said that the Philippines had a total of 45.9 million...
The number of jobless individuals was estimated at 2.15 million in January as many Filipinos, particularly women, opted to do household duties, the Philippine Statistics Authority (PSA) reported on Friday, March 8. Based on the latest labor force survey, the PSA reported that the unemployment rate...
A construction worker installs brick tiles on General Luna Street in Intramuros, Manila on Nov. 7, 2023. (Noel B. Pabalate/Manila Bulletin file photo) A Social Weather Stations (SWS) survey conducted in December 2023 revealed that the joblessness rate among Filipino adults reached 19.5 percent, 2.6...
Albay 2nd district Rep. Joey Salceda (Facebook) It's as good as full employment Economist-solon Albay 2nd district Rep. Joey Salceda gave this glowing assessment of the country’s latest unemployment figures, which are at their lowest in...
The number of jobless individuals dipped to 1.6 million in December last year, the lowest in almost two decades, the Philippine Statistics Authority reported Wednesday, Feb. 7. Based on the PSA’s Labor Force Survey of 11,235 households, the unemployment rate stood at 3.1 percent, lower than the...
Senate Majority Leader Joel Villanueva on Thursday, January 11 welcomed the reported decline in the country’s unemployment rate saying it is a positive indication that the Philippine economy has fully recovered. “We laud the decline of our unemployment rate to 3.6 percent last...
The Department of Finance (DOF) is bullish on the country's improving unemployment numbers due to the government's robust strategy for creating jobs and driving investments. In a statement, Finance Secretary Benjamin E. Diokno expressed confidence that achieving an unemployment rate of four percent...
Surigao del Norte 2nd district Rep. Robert Ace Barbers The continued drop in unemployment rate under the Marcos administration should serve as an "impetus" to relax the “restrictive” economic provisions of the 1987 Constitution. Thus, said Surigao...
