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Jobless rate rises on agri, services cuts

MANILA, Philippines — Unemployment rose slightly in July as more jobs were shed in the agriculture and services sectors, the National Economic and Developmen.....»»

Category: financeSource: philstar philstarSep 13th, 2017

Jobless rate rises to 5% in Oct

MANILA, Philippines — Unemployment in the country rose in October due to a drop in the number of agriculture workers, government data showed......»»

Category: financeSource:  philstarRelated NewsDec 13th, 2017

Jobless rate rises to 6.6% in Jan

MANILA, Philippines -  The number of unemployed Filipinos swelled in January after typhoons during the tailend of 2016 caused many farm workers to lose jobs,.....»»

Category: financeSource:  philstarRelated NewsMar 14th, 2017

Lowest in 10 years : Jobless rate eases to 4.7% in Oct

MANILA, Philippines – The number of unemployed Filipinos fell further in October as more jobs were created in the services and industry sectors, the Philippi.....»»

Category: financeSource:  philstarRelated NewsDec 13th, 2016

Unemployment rate lowest in 11 years

THE RANKS of jobless Filipinos in October thinned to the lowest level in 11 years, as growth in construction and services fueled job generation......»»

Category: newsSource:  bworldonlineRelated NewsDec 13th, 2016

Front Page: Unemployment rate lowest in 11 years

THE RANKS of jobless Filipinos in October thinned to the lowest level in 11 years, as growth in construction and services fueled job generation......»»

Category: financeSource:  bworldonlineRelated NewsDec 13th, 2016

Agri sector grew by 3.9% in 2017, led by crops sector

The agriculture sector grew by 2.20 percent in the last quarter of 2017, bringing last year's growth to 3.9 percent, data from the Philippine Statistics Authority (PSA) showed. This exceeds the target annual growth rate for the sector of between 2.5 percent and 3.5 percent that was set by the Duterte administration under the Philippine Development Plan (PDP). At current prices, the sector's total production was valued at P500.4 billion for 2017, up by 9.32 percent from the previous year's record as the crops, livestock and poultry subsectors registered gains. In the fourth quarter, the crops subsector, which accounted for 51.20 percent of total output, recorded a 2.66-percent in...Keep on reading: Agri sector grew by 3.9% in 2017, led by crops sector.....»»

Category: newsSource:  inquirerRelated NewsJan 19th, 2018

BI to deport 21 Russians, Koreans for overstaying, prostitution

The government has ordered the deportation of 21 overstaying Russian and Korean nationals, who were suspected of engaging inprostitution in a nightclub in Pampanga province.   In a statementon Friday, Bureau of Immigration (BI) Commissioner Jaime Morente said 19Russian women were found to be working as guest relations officers in Club Angel in Clark Field, Angeles Citywithout the required employment visas. According to Morente, the Russian women charged customers an hourly rate of P1,500 fortheir services. The Russians were arrested during a raid by BI intelligenceoperativeson Wednesdaynight.   Moreover, Morente said two Koreans, who allegedly recruited and emp...Keep on reading: BI to deport 21 Russians, Koreans for overstaying, prostitution.....»»

Category: newsSource:  inquirerRelated NewsJan 19th, 2018

Goldman sees cryptocurrencies, credit shadowing robust 2018 US economy

FINANCIAL IMBALANCES including those in credit markets and cryptocurrencies will shadow an otherwise robust 2018 US economy, said Goldman Sachs Group, Inc. economist Jan Hatzius. Hatzius has already made some predictions for the new year: four Federal Reserve rate hikes, real US gross-domestic product growth quickening to an average of 2.6%, the jobless rate dropping […] The post Goldman sees cryptocurrencies, credit shadowing robust 2018 US economy appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 1st, 2018

Firecracker ban, Tropical Depression Agaton, New Year in New York | Evening wRap

Today on Rappler: DOH considers recommending total firecracker ban to Duterte. Pricier goods under TRAIN Law mean better basic services, says Andanar. 17 areas under signal no. 1 as LPA becomes Agaton.  Iran cuts social media access as unrest turns deadly. Freezing New York City welcomes 2018 with tightest security. Executive Producer / ........»»

Category: newsSource:  rapplerRelated NewsJan 1st, 2018

Tokyo cuts estimated tab for 2020 Olympics to $12 billion

TOKYO --- The latest price tag for the 2020 Tokyo Olympics has been trimmed slightly, but is still nearly twice the initial estimate even after a major cost-cutting effort. The organizers said Friday that the event will cost a total 1.35 trillion yen ($11.9 billion). In their release, Tokyo 2020 officials said the U.S. dollar cost would be $12.6 billion. But at the current exchange rate of about 113 yen to the dollar it is just under $12 billion. When Tokyo won the Olympics in September 2013, its bid was for 730 billion yen. That ballooned to over 3 trillion yen but was slashed to 1.4 trillion yen after Tokyo Gov. Yuriko Koike launched a cost cutting campaign. Organizers ...Keep on reading: Tokyo cuts estimated tab for 2020 Olympics to $12 billion.....»»

Category: newsSource:  inquirerRelated NewsDec 22nd, 2017

Maynilad to hike water rates in January

Maynilad Water Services Inc. will be increasing its basic rate by P0.97 per cubic meter in January......»»

Category: newsSource:  interaksyonRelated NewsDec 16th, 2017

Fewer jobless Pinoys noted in September

There were fewer Filipinos without jobs in September just but optimism over the availability of jobs in the next 12 months dropped, the latest Social Weather Stations (SWS) survey showed.   The Sept. 23-27 survey found joblessness at 18.9 percent, or an estimated 8.7 million Filipino adults who were without jobs, from June's 22.2 percent or equivalent to 10.5 million adults.   However, the adult labor force participation rate declined in the third quarter to 73.1 (an estimated 46.1 million adults) from 74.7 percent (47.1 million adults) in June.   The latest joblessness rate is lowest since the recorded 18.4 percent in September 2016.   The nat...Keep on reading: Fewer jobless Pinoys noted in September.....»»

Category: newsSource:  inquirerRelated NewsDec 16th, 2017

Maynilad to raise water rates in January

CUSTOMERS of Maynilad Water Services, Inc. will pay higher rates in 2018, as the company will implement a P0.97 per cubic meter increase effective in January. Maynilad said in a statement on Friday that the average basic rate adjustment would be equivalent to 2.80 percent of the P34.51/cubic meter average basic charge this year, which represents the [...] The post Maynilad to raise water rates in January appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 15th, 2017

Fed raises interest rates, leaves outlook unchanged

WASHINGTON — The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policy makers projected a short-term jump in US economic growth from the Trump administration’s proposed tax cuts. In an early verdict on the tax overhaul, Fed policy makers judged it would boost the… link: Fed raises interest rates, leaves outlook unchanged.....»»

Category: newsSource:  manilainformerRelated NewsDec 15th, 2017

Fed raises interest rates, leaves outlook unchanged

WASHINGTON — The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policy makers projected a short-term jump in US economic growth from the Trump administration’s proposed tax cuts. In an early verdict on the tax overhaul, Fed policy makers judged it would boost the […] The post Fed raises interest rates, leaves outlook unchanged appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 14th, 2017

Congress raises tax on fuel, cars, tobacco

Personal income tax of salary-earners has been lowered but the excise tax on a host of goods and services such as automobiles, tobacco, coal, oil products and cosmetic procedures, has been increased under the Tax Reform for Acceleration and Inclusion (TRAIN) bill that both chambers of Congress are set to ratify today. Today is the last regular session of Congress before it goes on a holiday break starting Dec. 15. On Monday, the Senate and the House of Representatives settled all contentious points in the tax reform package during negotiations in the bicameral conference committee, which had stalled as a result of disagreements over the additional tax rate on, among other items...Keep on reading: Congress raises tax on fuel, cars, tobacco.....»»

Category: newsSource:  inquirerRelated NewsDec 13th, 2017

Oct. sees less jobs, but quality improves

THE RANKS of jobless Filipinos grew in October, but job quality saw the biggest improvement in more than a decade, according to latest labor data which the government released on Tuesday. The preliminary results of the Labor Force Survey (LFS) conducted by the Philippine Statistics Authority (PSA) put the unemployment rate at five percent in […] The post Oct. sees less jobs, but quality improves appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 12th, 2017

Jobless rate up slightly in Oct

THE job market lost some momentum in October as the number of unemployed slightly increased from 2016. The unemployment rate inched up to 5 percent in October from 4.7 percent in the same month last year, the latest Labor Force Survey conducted by the Philippine Statistics Authority (PSA) showed. This translated to 2.18 million jobless… link: Jobless rate up slightly in Oct.....»»

Category: newsSource:  manilainformerRelated NewsDec 12th, 2017

Oct. sees less jobs, but quality improves

THE RANKS of jobless Filipinos grew in October, but job quality saw the biggest improvement in more than a decade, according to latest labor data which the government released on Tuesday. The preliminary results of the Labor Force Survey (LFS) conducted by the Philippine Statistics Authority (PSA) put the unemployment rate at five percent in… link: Oct. sees less jobs, but quality improves.....»»

Category: newsSource:  manilainformerRelated NewsDec 12th, 2017

Unemployment rate rises to 5% in October

Preliminary results of the latest Labor Force Survey (LFS) conducted by the Philippine Statistics Authority (PSA) showed the unemployment rate at 5% in October, a rise from 4.7% recorded in the same month last year. This was equivalent to 2.19 million Filipinos, up from 2.04 million a year earlier.  Meanwhile, the underemployment rate – proportion […] The post Unemployment rate rises to 5% in October appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 12th, 2017