The government will continue to attract job-generating investments as the unemployment rate shrunk to 4.8 percent in July, the Department of Finance (DOF) said. In a statement, Finance Secretary Benjamin E. Diokno said the government will maintain a sound macroeconomic environment and pursue...
An estimated 2.27 million Filipinos found themselves without employment in July, the Philippine Statistics Authority (PSA) reported. In a briefing on Friday, Sept. 8, National Statistician Dennis Mapa said the preliminary results of the PSA’s Labor Force Survey showed that the number of jobless...
Despite recording a decline in the number of unemployed Filipinos, President Ferdinand "Bongbong" Marcos Jr. said there has to be a continuous economic activity to generate jobs that would spawn growth and development in the country. *President Ferdinand 'Bongbong' Marcos Jr. (ALFRED FRIAS/JOEY...
ILOILO CITY – The unemployment rate in Western Visayas last January went up even after economic activities have returned to normal as the pandemic waned.  GROCERY store workers rest in Iloilo City.  (Tara Yap) Data released by the Philippine Statistics Authority (PSA) said the...
Senate Majority Leader Joel Villanueva on Friday, June 9, welcomed the further easing of the unemployment rate at 4.5 percent, or 2.26 million Filipinos in April 2023, compared to March’s 4.7 precent or 2.42 million unemployed Filipinos. ...
Malacañang said that the Marcos administration's efforts to provide more jobs to Filipinos have begun bearing fruit following the reported drop in the country's unemployment rate. *(Jansen Romero/File photo)* Communications Secretary Cheloy Garafil said this after the Philippine Statistics...
Solo parents who will be displaced from their jobs will get double insurance benefits if a congressman’s proposed measure becomes a law. (Photo by @MONKEYBUSINESSIMAGES/ISTOCK) House Bill No. 2229 will grant laid-off solo parents an involuntary separation payment equal to 100 percent of their...
The Department of Finance (DOF) said the significant improvement in the country’s labor market would help soften the impacts of high inflation on the domestic economy. In a statement, Finance Secretary Benjamin E. Diokno said the steady unemployment rate and lower underemployment rate will help...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Unemployment rate in November fell to its lowest level in over 17-years, signaling the strong recovery of the economy from the prolonged pandemic, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported on Friday, Jan. 6, that the level of...
Senator Christopher “Bong” Go said that while the unemployment rate in the Philippines is now decreasing, the government should still pursue its COVID-19 vaccination program in order to hasten the country’s economic recovery. Go, chairman of the Senate Committee on Health and Demography said...
President Ferdinand "Bongbong" Marcos Jr. is confident that the Philippines will not fall into an economic recession amid the soaring inflation. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) "Malakas ang loob natin hindi tayo magkakaroon ng recession dito sa Pilipinas dahil...
