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...
The country's unemployment rate fell back to pre-pandemic levels in October this year on increased economic activities ahead of the holiday season, the Philippine Statistics Authority (PSA) said. Based on the results of the October 2022 Labor Force Survey released by the PSA on Wednesday, Dec. 7,...
The Department of Finance (DOF) is optimistic that the rosy domestic labor market would fuel consumer spending that supports the country’s economic recovery from the prolonged-pandemic. In a statement on Wednesday, Nov. 9, Finance Secretary Benjamin E. Diokno said the latest Labor Force Survey...
President Ferdinand "Bongbong" Marcos Jr. is elated by the declining number of unemployed Filipinos, saying it was a "good sign" that the economy has started to recover from the Covid-19 pandemic. (ALI VICOY / MANILA BULLETIN) Marcos said this after the Philippine Statistics Authority (PSA)...
