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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 manufacturing output sustains growth in December 2023

MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Xinhua world economic news summary at 0830 GMT, Feb. 7

MANILA -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively. (Philippines-Manufac.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 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

Unemployed Filipinos down to 1.6 million in December 2023 — PSA

National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 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

Philippine shooting body to guest in maiden PSA Forum for 2024

The Philippine Sportswriters Association (PSA) Forum holds its first session for 2024 on Tuesday by featuring one of the sports vying for spots in the coming Paris Olympics......»»

Category: sportsSource:  philstarRelated NewsFeb 5th, 2024

PSA to announce Q4 GDP figure today at 10 a.m.

The Philippine Statistics Authority (PSA) will announce its data on the Q4 GDP number at 10 a.m. this morning......»»

Category: financeSource:  philstarRelated NewsJan 31st, 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

PSA turns over 2022 CBMS data to the municipality of Padre Burgos, Southern Leyte

PSA RSSO 8 Regional Director Wilma A. Perante cited in her Opening Message that it is the first DTC among the different LGUs in the region which implemented 2022 CBMS......»»

Category: newsSource:  samarnewsRelated NewsJan 26th, 2024

As it celebrates Year 60, Milo reaffirms support for Philippine sports 

Milo vowed to continue nurturing champions in the next six decades and beyond after helping blaze the trail for Filipino world champions — across all sports — in line with its 60th anniversary......»»

Category: sportsSource:  philstarRelated NewsApr 15th, 2024

Big 4 Volleyball tilt marks successful inaugural season, eyes bigger tourneys soon

CEBU CITY, Philippines — The Big Four Volleyball Tournament wrapped up last weekend successfully at the Warehouse Sports Lab in Mandaue City.  This grassroots volleyball tournament saw inaugural champions being crowned. The Subangdaku Trojans emerged as champions in the 13-under and the girls 14-17 divisions, while Cabancalan National High School ruled the 14-17 boys division. .....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Inter Miami vs. Nashville SC in Champions Cup live updates: Nashville takes early 1-0 lead

Inter Miami and Nashville SC battled it out in a thrilling 2-2 draw in the first leg of their Concacaf Champions Cup match. The match.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 8th, 2024

EASL stages future Champions camp

EASL stages future Champions camp.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

CONCACAF Champions Cup: FC Cincinnati advance easily

(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) Nineteen-year-old Gerardo Valenzuela logged a goal and an assist to lead host FC Cincinnati to a 4-0 win over Cavalier SC of Jamaica on Wednesday, wrapping up a first-round CONCACAF Champions Cup series. Cincinnati took the two-match, total-goal series 6-0 to advance to a round-of-16 matchup against Monterrey. The first leg will be played in Cincinnati on Mar.....»»

Category: sportsSource:  abscbnRelated NewsFeb 29th, 2024

CONCACAF Champions Cup: Cincinnati, Nashville advance easily

(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) Nineteen-year-old Gerardo Valenzuela logged a goal and an assist to lead host FC Cincinnati to a 4-0 win over Cavalier SC of Jamaica on Wednesday, wrapping up a first-round CONCACAF Champions Cup series. Cincinnati took the two-match, total-goal series 6-0 to advance to a round-of-16 matchup against Monterrey. The first leg will be played in Cincinnati on Mar.....»»

Category: sportsSource:  abscbnRelated NewsFeb 29th, 2024

Computer Engineers-Tofil are Buildrite Cup 2023 champions 

CEBU CITY, Philippines — The Computer Engineers-Tofil were crowned the Architects and Enginners Basketball Club (AEBC) Buildrite Cup 2023 champions after eking out a hard-fought 60-57 victory against the Civil Engineers 1-Stopgap in their championship match on Saturday, February 17, at the CPA gymnasium. After a long and arduous campaign, the computer engineers emerged as.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

Lazio, Bayern collide in crucial Champions League match

It’s SS Lazio versus Bayern Munich on Thursday, February 15, in the first leg of the Round of 16 of the UEFA Champions League......»»

Category: sportsSource:  philstarRelated NewsFeb 14th, 2024

Chery Tiggo nails first win in Champions League

Chery Tiggo found collegiate powerhouse St. Benilde a tough nut to crack before carving out a 29-27, 27-29, 25-18, 25-23 breakthrough win in the PNVF Champions League yesterday at the Rizal Memorial Coliseum......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Cesafi women’s volleyball: USPF Lady Panthers crowned champions

CEBU CITY, Philippines — The University of Southern Philippines Foundation (USPF) Lady Panthers were crowned champions in the Cebu Schools Athletic Foundation, Inc. (Cesafi) Season 23 women’s volleyball tournament after defeating the University of San Carlos (USC) Lady Warriors in the do-or-die Game 3 on Sunday, Feb. 4, 2024, at the USC Main Campus gymnasium. The.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2024