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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.....»»
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.....»»
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 […].....»»
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.....»»
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......»»
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......»»
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......»»
Best, finest feted in PSA Awards Night
The cream of the crop of Philippine sports in 2023 will be feted in a celebration like no other with the staging of the 2023 edition of the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night today at the grand ballroom of the Diamond Hotel......»»
Obiena tops honor roll in PSA rites
EJ Obiena will be honored not just twice but thrice during the San Miguel Corporation-Philippine Sportswriters Association (PSA) Awards Night on Monday......»»
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......»»
Fajardo, Bolden share limelight in PSA Awards
Two great individuals who excelled in their respective fields will be a big part of the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night at the Diamond Hotel......»»
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
Precious Haul
Farmers haul sacks of palay in Kabacan, North Cotabato on Thursday, 7 March 2024. Kabacan is one of the top rice producers in province. MindaNews photo.....»»
Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»
12 young athletes to receive Tony Siddayao Award
A touch of youth will be offered come the Jan. 29 staging of the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night......»»
PSA fetes Asiad, SEAG winners
The San Miguel Corporation-Philippine Sportswriters Association Awards Night will have a long list of athletes, personalities and entities receiving citations on Jan. 29 at the grand ballroom of the Diamond Hotel......»»
PSA fetes Caidic, Lim with Lifetime Achievement Award
Two cage greats and three champion coaches, all legendary in their own rights, are the latest batch to be feted with a Lifetime Achievement Award in the annual San Miguel Corp. Philippine Sportswriters Association Awards Night on Jan. 29......»»
Eala is Ms. Tennis, Carlos Ms. Volleyball
Tennis star Alex Eala and volleyball ace Diana Mae “Tots” Carlos will have a share of the spotlight in the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night on Jan. 29......»»
Cebu Daily Newscast: Father jailed for gunning down son in Lahug, Cebu City
Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know this Tuesday, March 26, 2024. Father jailed for gunning down son in Lahug, Cebu City A 63-year-old father landed in jail after he allegedly gunned down his own son whom he had an altercation.....»»