The number of Filipinos employed in the water sector has risen, driven by improving wages and the expansion of establishments in water collection, treatment, and supply, data from the Philippine Statistics Authority (PSA) showed. Based on the 2022 Annual Survey of Philippine Business and Industry...
The country's unemployment rate declined in July compared to the same period last year, but the number of jobless Filipinos increased during the month. Data from the Philippine Statistics Authority (PSA) revealed that the unemployment rate was 4.7 percent in July, down from 4.9 percent in the...
The number of unemployed Filipinos decreased by 30 percent to 1.62 million in June from 2.33 million in the same month last year. According to the Philippine Statistics Authority (PSA), the number of jobless individuals in June also decreased from 2.11 million in May 2024. This decline led to...
The Department of Finance (DOF) said the decrease in the unemployment rate in May shows that the country is making progress towards its goal of becoming an upper-middle-income country by 2025. In a statement, Finance Secretary Ralph G. Recto said the year-on-year decrease in the number of...
National Economics and Development Authority Arsenio M. Balisacan said that the P35 wage hike in Metro Manila will not greatly impact the economic growth as well as employment numbers. During a press briefing in Malacañang, Balisacan said that around 40,000 to 140,000 workers may be affected by...
The Philippine Statistics Authority (PSA) reported that the number of jobless Filipinos decreased in May compared to the previous year; however, the figures were higher than they were a month ago. The PSA Labor Force Survey revealed on Monday, July 8, that the unemployment rate in May this year...
The number of jobless Filipinos slightly increased to 2.04 million in April, according to the report from the Philippine Statistics Authority (PSA). Based on the survey of 44,980 households, the unemployment rate stood at 4.0 percent from 3.9 percent or two million jobless individuals in March....
Manila 1st district Rep. Ernesto Dionisio (Ellson Quismorio/ MANILA BULLETIN) The supposed destabilization against the current Marcos government can have a negative impact on the country's employment situation. Thus, said Manila...
The scorching heat discouraged many job seekers, especially in the agriculture sector, leading to an increase in the number of unemployed Filipinos. The Philippine Statistics Authority (PSA) on Wednesday, May 8, reported that the number of jobless Filipinos rose to two million in March this year...
Job creation gained momentum in February as payrolls surged by over 350,000, reflecting robust growth in employment opportunities locally. The Philippine Statistics Authority (PSA) reported a decline in the number of jobless Filipinos to 1.8 million in the second month of the year from 2.15 million...
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...
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...