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...
Unemployment is expected to drop in the fourth quarter of the year as livelihood opportunities begin to open up leading to the holidays, an economist said. The Presidential Communications Office (PCO) cited Rizal Commercial Banking Corporation (RCBC) Chief Economist Michael Ricafort's...
The Department of Finance (DOF) said the job quality for Filipinos is steadily improving, with the country's underemployment rate dropping below its pre-pandemic level. In a statement, Finance Secretary Benjamin E. Diokno said the underemployment rate of 10.7 percent recorded in September was the...
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...
The country's unemployment rate plunged to 4.4 percent, equivalent to 2.21 million jobless Filipinos in August, the Philippine Statistics Authority (PSA) reported. The latest number is lower than the 4.8 percent or 2.27 jobless individuals recorded in July and the 5.3 percent or 2.68 million...
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...
