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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

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

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

Rama washes hands of MCWD lockdown

Rama washes hands of MCWD lockdown.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

MCWD on lockdown; new acting GM not allowed to enter

MCWD on lockdown; new acting GM not allowed to enter.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

Masking, lockdown not needed for rising pertussis cases – DOH

Despite the alarming increase in pertussis cases in the country, an official of the Department of Health said there is no need for a lockdown or mandatory wearing of face masks......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Marcos vows sustained job creation as unemployment drops

President Marcos assured the public that his administration would sustain measures that create jobs, lure investments and upgrade the skills of workers after the Philippines recorded a drop in unemployment rate last month......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Pump price rollback set on February 13

Motorists can allocate more money for flowers or chocolates this Valentine's Day as oil firms will implement a rollback in pump prices on Tuesday......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

Unemployment lowest in 2 decades

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

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

January 2024 Jobs Report: 353,000 Jobs Added, Unemployment at 3.7%

Title: Job Market Surges in January, Wages Soar and Unemployment Holds Steady Subtitle: Increased Hiring Boosts Economy, Potential Impact on Federal Reserve’s Monetary Policy Byline:.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 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

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 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

Blue Eagles coach tempers Final Four expectations amid momentum

Ateneo Blue Eagles head coach Sergio Veloso is not getting ahead of himself as his team is slowly showing its form in the UAAP Season 86 women’s volleyball tournament......»»

Category: sportsSource:  philstarRelated NewsMar 24th, 2024

Too heated: Butler, 3 others ejected as tempers flare in Heat-Pelicans duel

Heat star Jimmy Butler and three other players get thrown out following a brawl during an emotional Heat-Pelicans battle.....»»

Category: newsSource:  rapplerRelated NewsFeb 24th, 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

Over 1M Filipino women workers unemployed – gov’t survey reveals

Women’s alliance GABRIELA raised the alarm on the increasing unemployment rate in the country, especially among women workers......»»

Category: newsSource:  samarnewsRelated NewsFeb 3rd, 2024