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Philippines jobless rate drops to decades-low in December 2023

MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 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:  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

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

DavNor posts lowest Dec 2023 inflation rate in Davao region

DavNor posts lowest Dec 2023 inflation rate in Davao region.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 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

Number of jobless Filipinos eases in February

The number of unemployed Filipinos decreased in the second month of 2024, posting an unemployment rate of 3.5%, the Philippine Statistics Authority reported on Thursday......»»

Category: financeSource:  philstarRelated NewsApr 11th, 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

Jobless rate eases to 3.5% in February

The country’s unemployment rate declined in February as more employment opportunities were created in the wholesale and retail trade and agriculture sectors, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 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

NCR retail prices rise at slowest pace in nearly 2 years

Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Tell it to SunStar: ‘Unprofessional conduct in its lowest form’

Tell it to SunStar: ‘Unprofessional conduct in its lowest form’.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

SWS: Satisfaction with President Marcos lowest in Mindanao

In a span of just one year, satisfaction with President Marcos among those in Mindanao has shifted from being highest to the lowest in the country, surveys conducted by Social Weather Stations (SWS) showed......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Unemployment lowest in 2 decades

Unemployment lowest in 2 decades.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

NCR construction material price growth eases in March

Retail prices of construction materials in Metro Manila went up at its slowest pace in more than four years in March, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

PH Inflation Sees Huge Dip in January 2024 Now at 2.8%

The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024