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)...
Young workers are utmost casualty of the Covid-19 pandemic compared to older workers, according to labor rights group International Labour Organization (ILO). (File photo: MANILA BULLETIN) This came out on the recent ILO report on "Global Employment Trends for Youth 2022: Investing in transforming...
The Department of Finance (DOF) said the local jobs market has continued to improve, citing positive figures from the Philippine Statistics Authority’s (PSA) June 2022 Labor Force Survey results. In a statement Tuesday, Aug. 9, Finance Secretary Benjamin E. Diokno said that while the June...
The number of unemployed Filipinos inched up in June as job seekers joining the labor force increased, but the unemployment rate was steady at 6 percent, data from the Philippine Statistics Authority (PSA) showed on Monday, Aug. 8. Based on the June 2022 round of PSA’s Labor Force Survey, there...
