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Philippines jobless rate increases to 4.5 pct in January

MANILA, March 8 (Xinhua) -- The Philippines' unemployment rate increased to 4.5 percent in January from 3.1 percent in December last year, the Philippine Statistics Authority (PSA) said on Friday. PSA head Dennis Mapa told a press conference that there were 2.15 million jobless Filipinos in January. "This was lower than the reported number of unemployed persons in January 2023 of 2.38 million," Mapa said......»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Philippines jobless rate increases to 4.5 pct in January

MANILA, March 8 (Xinhua) -- The Philippines' unemployment rate increased to 4.5 percent in January from 3.1 percent in December last year, the Philippine Statistics Authority (PSA) said on Friday. PSA head Dennis Mapa told a press conference that there were 2.15 million jobless Filipinos in January. "This was lower than the reported number of unemployed persons in January 2023 of 2.38 million," Mapa said......»»

Category: newsSource:  manilanewsRelated NewsMar 9th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

ACT-Agri Kaagapay pinamalas noong Mahal na Araw

Muling ipinamalas ng ACT-Agri-Kaagapay Organization sa pamumuno ni Ms. Virginia Ledesma Rodriguez ang malasakit at pagkalinga sa kapwa makaraang mamigay ng pagkain at mineral water nitong Semana Santa sa libu-libong Pilipino. The post ACT-Agri Kaagapay pinamalas noong Mahal na Araw first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines

The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines

The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Mga jobless Pinoy bumaba sa 1.8M

Nasa 1.8 milyon na lamang ang bilang ng tambay noong Pebrero dahil sa dami ng mga Pinoy na nagkatrabaho. The post Mga jobless Pinoy bumaba sa 1.8M first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Philippines unemployment rate drops to 3.5 pct in February

MANILA, April 11 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.5 percent in February from 4.5 percent in January, the Philippine Statistics Authority (PSA) said on Thursday. PSA head Dennis Mapa said at a press conference that there were 1.8 million jobless Filipinos in February, lower than 2.15 million unemployed individuals in January. National Economic and Development Authority Se.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Jobless rate climbs to 4.5 percent in January

The country’s unemployment rate rose in January as the seasonal increase in jobs created by the heightened economic activity during the Christmas holidays faded......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Jobless rate declines to 3.1 percent in December

The country recorded its lowest unemployment rate in nearly two decades as more jobs were made available during the holiday season......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Shares gain anew on rate cut hopes

The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Agri nabulaga! Rabies lumipat sa mga baka

Kinumpirma ng Department of Agriculture na may mga alagang baka ang nahawaan ng rabies sa isla ng Marinduque. The post Agri nabulaga! Rabies lumipat sa mga baka first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

MNLF community gets agri-aqua livelihood aid

A peace and development community of the Moro National Liberation Front in this city has received assistance to boost its agri-aqua livelihood......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Agri secretary, PHILSHRIMP tackle shrimp industry challenges

Agri secretary, PHILSHRIMP tackle shrimp industry challenges.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024