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...
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. ...
The number of jobless Filipinos dropped below two million in November of last year, leading to the lowest unemployment rate in the country in almost two decades, the Philippine Statistics Authority (PSA) reported. PSA Undersecretary and National Statistician Claire Dennis S. Mapa, the announced on...
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...
