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...
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...
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...
Albay 2nd district Rep. Joey Salceda (Facebook) Pointing to the skidding unemployment rate, Albay 2nd district Rep. Joey Salceda says that President Marcos has successfully shown his administration’s commitment to providing jobs to Filipinos. ...
Education policymakers should ensure that educational programs align with the demands of the job market to achieve the United Nations’s sustainable development growth number four or quality education, researchers said. In a study by the Philippine Institute and Development Studies (PIDS),...
The government's chief economic manager said the Philippines is on the brink of realizing President Marcos' goal of slashing the unemployment rate to a low single digit by the end of his term. In a statement, Finance Secretary Benjamin E. Diokno said that the President's aim to lower the...
President Marcos has expressed confidence that the Philippines will have a promising future following reports of the country's inflation rate dropping last month. President Ferdinand 'Bongbong' Marcos Jr. (Bongbong Marcos/Facebook) Marcos said this as he welcomed the report that the country's...
The country had fewer unemployed persons in October this year at 4.2 percent or 2.9 million individuals, according to a report by the Philippine Statistics Authority (PSA). This was significantly lower than the 4.5 percent recorded in the same month last year, and 4.8 percent in July this year. It...
CEBU CITY – The Department of Labor and Employment reported a decrease in the unemployment rate in Central Visayas this year. DOLE-7 Director Lilia Estillore said that the unemployment rate in Region 7 decreased from 5.8 percent in 2022 to 5.2 percent in 2023. Estillore said the unemployment...
The number of unemployed Filipinos inched up in September while labor force participation declined, the Philippine Statistics Authority (PSA) reported. Based on the latest Labor Force Survey, the unemployment rate rose to 4.5 percent or 2.26 million, up from 4.4 percent in August or 2.21 million...
The Department of Finance (DOF) said the local labor market remains strong and resilient despite global uncertainties. Finance Secretary Benjamin E. Diokno said the latest jobs data revealed positive trends, with unemployment decreasing to 4.4 percent in August from 5.3 percent the previous year...
