Malacañang welcomed the result of the Philippine Statistics Authority (PSA) 's January 2022 Labor Force Survey showing the country's unemployment rate decreased from 6.6 percent in December 2021 to 6.4 percent in January this year, saying this was due to the move of the government to ease...
Unemployment rate fell to its lowest level since the start of the pandemic despite stricter quarantine restrictions amid Omicron surge in January, data from the Philippine Statistics Authority (PSA) showed on Friday, March 18. The number of jobless Filipinos stood at 2.93 million in the first month...
The Asian Development Bank (ADB) has flagged the Social Security System’s (SSS) “limited coverage” of unemployment benefit. Based on ADB’s report released on Wednesdays, March 16, the Manila-based multilateral institution said it is critically important for the SSS to have a well-funded UI...
Former Vice President and senatorial aspirant Jejomar Binay proposed on Wednesday, March 9, the creation of a National Skills Education Council (NSEC) to address the still growing problem of unemployment in the country. The NSEC aims to coordinate and assist in the development of course curricula...
Malacañang said that the downshift to Alert Level 1 in the National Capital Region and 38 other areas will add at least P9 billion worth of economic activity per week as the reduced restrictions will allow many Filipinos to have better incomes. (FILE PHOTO) Cabinet Secretary Karlo Nograles made...
Malacañang is optimistic that the country's employment situation will improve in the coming months as more Filipinos are expected to return to work with the easing of quarantine restrictions and the reopening of economic activities. People flock to Ilaya in Binondo, Manila to shop, with the...
The number of jobless Filipinos slightly inched up in the final month of last year, largely due to a larger labor force participation, according to the Philippine Statistics Authority (PSA). Based on the December 2021 Labor Force Survey released on Thursday, Feb. 10, the PSA said that unemployed...
Presidential aspirant Vice President Leni Robredo wants to empower micro, small, and medium enterprises (MSMEs) to address the country’s high unemployment rate and job losses amid the pandemic. Vice President Leni Robredo speaks to her supporters from Laguna during a virtual greet and meet event...
The Department of Finance (DOF) said Filipinos need to learn to live with COVID-19 despite the fear of it, but at the same time the country should remain vigilant as the coronavirus’ mutations continue to occur. As current surge accelerates way faster than the previous wave of infections, Finance...
Accelerated vaccination and more targeted alert level system with granular lockdowns would reduce coronavirus cases and deaths while bringing back more employment, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua...
Less stringent quarantine restrictions dragged down the country’s unemployment rate in November to its best level since the pandemic began, the Philippine Statistics Authority (PSA) reported. The number of jobless Filipinos stood at 3.16 million in November based on the latest PSA Labor Force...
The unemployment rate in the Philippines continues to decrease as it recorded its third lowest for the year following the gradual improvement in the country's pandemic situation, the Department of Labor and Employment (DOLE) said. (Photo courtesy of the DPWH) Citing the latest Labor Force Survey of...
