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(Eagle News)–The employment rate in the country was at 91.9 percent in August, the Philippine Statistics Authority said on Thursday, Sept. 30. According to the PSA’s August 2021 Labor Force Survey, the 91.9 percent translates to 44.23 million people employed out of the 48.12 million individuals who comprise the labor force. The PSA said this was higher than the employment rate in April 2021–pegged at 91.3 percent– when the National Capital Region Plus Bubble was […]
(Eagle News) — The country’s unemployment rate went down in May as quarantine restrictions eased amid the COVID-19 pandemic. According to recent Philippine Statistics Authority data, the 7.7 percent rate registered in that month was lower than the 8.7 percent recorded in April. The 7.7 unemployment rate, the PSA said, was the second-lowest reported for the year. According to the PSA, the 7.7 percent unemployment rate translates to 3.73 million unemployed individuals aged 15 and […]
(Eagle News) — Unemployment rate in the Philippines rose to 8.8 percent in February, the Philippine Statistics Authority said on Tuesday, March 30. According to the PSA, the 8.8 percent, which is 0.1 percent higher than the unemployment rate recorded the previous month, translates to 4.2 million unemployed Filipinos aged 15 and above. This is around 234,000 higher than the 4 million reported in January 2021. According to the PSA, the services sector remained dominant, […]
(Eagle News) — The House of Representatives has approved on third and final reading the P1.5-trillion COVID-19 Unemployment Reduction Economic Stimulus (CURES) bill. With 210 affirmative votes, seven negative votes, and no abstention, the House gave the green light to House Bill 6920 that aims to fund infrastructure projects prioritizing five sectors: health, education, agriculture, local roads and livelihood. The five sectors are deemed the most affected by the COVID-19 crisis. Under the measure, if […]
(Eagle News) — The Department of Labor and Employment on Friday, June 5, expressed hope the country’s labor force would recover with the resumption of economic activities amid the COVID-19 pandemic. Labor Secretary Silvestre Bello III made the statement after a survey by the Philippine Statistics Authority found the country’s unemployment rate rose to a record-high 17.7 percent in April, equivalent to 7.3 million unemployed Filipinos. “As the economy opens gradually, we are hopeful that […]
(Eagle News) — Unemployment rate in the country went down to 4.5 percent in October, the lowest since 2005, the Philippine Statistics Authority reported on Thursday, Dec. 5. The PSA said this was also a decrease from the 5.1 percent in October last year. Among the regions, Zamboanga Peninsula (1.9%), Cordillera Administrative Region (2.8%), Ilocos Region (3.5%), Northern Mindanao (3.5%) and MIMAROPA Region (3.7%) had the lowest unemployment rates, the PSA said. Based on the […]
(Eagle News)–The unemployment and underemployment rates in the country in January 2019 have gone down, the Philippine Statistics Authority said. According to results of the Labor Force Survey posted on the PSA website, the employment rate last month was at 5.2 percent, 0.1 percent less than the 5.3 percent registered in January 2018. According to the survey, Cagayan Valley and Western Visayas had the highest employment rates, at 96.9 percent and 96.1 percent respectively. The […]
(Eagle News) — The Philippine Statistics Authority on Wednesday, Sept. 5, reported a 5.4 percent unemployment rate in July. This was a 0.2 percent decrease from the unemployment rate in July 2017, based on records from the PSA. According to the PSA, the regions with the lowest employment rates were Ilocos Region (93.5%), Central Luzon (93.7%), CALABARZON (93.7%), Bicol Region (93.7%), and the National Capital Region (NCR) (93.9%). The PSA pegged labor force participation rate in July […]
(Eagle News) — Presidential Spokesperson Harry Roque on Wednesday, May 2, noted the number of employed in the country increased to 41.8 million in January 2018, based on a study done by think-tank IBON Foundation. Roque made the clarification following reports, citing the IBON study, that the number of underemployed grew by 1.1 million in January 2018, from the 6.4 million recorded in January 2017. IBON said the underemployed now translates to 18 percent of the […]
QUEZON CITY, Philippines (Eagle News) – The number of Filipinos without jobs went down to 18.9% or an equivalent of almost 9 million Filipinos in the third quarter of 2017, specifically from July to September this year. According to the latest survey conducted by the Social Weather Stations (SWS), this is an improvement from the 22.2% or 10.5 million jobless Filipinos in the second quarter of 2017, or from April to June 2017. The September’s […]
MANILA, Philippines (Eagle News) — Bahagyang tumaas ang unemployment rate ng bansa nitong Oktubre 2017 kumpara sa kaparehong panahon noong 2016. Ayon sa Philippine Statistics Authority, tinatayang nasa 5.0 percent ang unemployed na mga Pilipino. Bahagya itong tumaas kumpara sa 4.7 percent na naitala sa kaparehong panahon noong nakaraang taon. Katumbas ito ng 2.2 million Filipinos at 2 million naman noong nakaraang taon. https://youtu.be/Gu5t07J_4CA
QUEZON City, Philippines – The National Economic Development Authority (NEDA) announced that President Rodrigo Duterte on Tuesday, February 21 has approved the Philippine Development Plan 2017 – 2022 which will serve as the economic blueprint of the Duterte administration. Included in the plan is the eradication of poverty in rural areas through robust economic growth. “We want the Philippines to be an upper-middle income country by 2022. With the right policies and with mutual trust […]
