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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

CMIP, TESDA-NCR forge technical education partnership

Concepcion Midea Inc. Philippines has partnered with the Technical Education and Skills Development Authority - NCR to enhance technical education......»»

Category: financeSource:  philstarRelated NewsFeb 11th, 2024

556 E-bike crashes recorded in NCR in 2023 — LTFRB

According to data of the Land Transportation Franchising and Regulatory Board, the e-bike crashes in the National Capital Region (NCR) resulted in 281 instances of property damage, 273 non-fatal injuries and two fatal injuries. .....»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

BFP-NCR plans to modernize Manila’s American-era fire stations

The Bureau of Fire Protection-National Capital Region (BFP-NCR) is planning to modernize fire stations in Manila that were built during the time the United States occupied the country......»»

Category: newsSource:  philstarRelated NewsJan 15th, 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

Marcos names Maguindanao del Norte governor’s son to Bangsamoro parliament

Jamel Macacua fills the vacancy in the Bangsamoro Transition Authority left by his father Abdulraof, who was appointed as the governor of Maguindanao del Norte in 2023.....»»

Category: newsSource:  rapplerRelated NewsFeb 12th, 2024

‘No call yet for special poll in Recto’s district’

The sixth district of Batangas will have no representation at the House of Representatives in the meantime pending a call to fill the vacancy created by the appointment of Ralph Recto as finance secretary......»»

Category: newsSource:  philstarRelated NewsJan 17th, 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

BSP’s monetary board retains policy rate at 6.5%

This has been the fifth time the MB kept the interest rate since its off-cycle policy rate hike in October 2023 to mitigate supply-side inflation pressures......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Eastern Visayas posts 5.1 percent unemployment rate in July 2023

Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»

Category: newsSource:  inquirerRelated NewsMay 14th, 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

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

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

No interruptions in Metro Manila water supply, DENR exec says

There would be no water supply interruptions even if Angat Dam’s water level dips to its minimum operating level of 180 meters by mid-May, a Department of Environment and Natural Resources official said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

DavNor tourism dips; new Senate probe on power outages pressed

A GOVERNMENT agency has noted that the usual strong inflow of tourists in Davao del Norte still needs to be seen deep into the summer season......»»

Category: newsSource:  sunstarRelated NewsMay 2nd, 2024

Water supply drop eyed as Angat level dips further

The water level in Angat Dam is expected to drop to its minimum of 180 meters by the end of May, according to an official of the Metropolitan Waterworks and Sewerage System......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Angat Dam water level dips to 204 meters

The water level in Angat Dam has dropped by .33 meters, the lowest so far this year, due to El Niño......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Baguio temperature dips as monsoon strengthens

The temperature in Baguio City went down to 13.4 degrees Celsius yesterday as the northeast monsoon or amihan strengthened, affecting most areas in Luzon including Metro Manila, according to state meteorologists......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

The Daily Guardian: Listeria Outbreak Hits Super Bowl Staples in Taco Kits, Bean Dips, and Dairy Products, Warns CDC

Title: Listeria Outbreak Traces Back to Dairy Products, Super Bowl Staples Affected Subtitle: Two Deaths and Over Two Dozen Illnesses Reported Since 2014 In a.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024