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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.....»»
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......»»
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 […].....»»
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......»»
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......»»
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......»»
P17.8 billion impact from FIBA World Cup
The numbers generated by the Philippines’ hosting of the 2023 FIBA World Cup are staggering and in his remarks during the SMC-PSA Annual Awards Night at the Manila Diamond Hotel last Monday, SBP president Al Panlilio said bringing the event back to the country after 45 years was “the beginning of many more good things to come for Philippine basketball.”.....»»
RSA tells Philippines athletes: Everything is possible
Ramon S. Ang believes the country is geared to win more golds in the coming Paris Olympics as he paid tribute to all Filipino athletes, particularly those who were honored during the recent Philippine Sportswriters Association (PSA) Awards......»»
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......»»
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......»»
Quiban bounces back with solid 67; Que survives but Tabuena falls
Justin Quiban showcased his true potential in a remarkable turnaround following a scrambling opening round 71, coming through with a solid five-under 67 to get into the mix halfway through the International Series Oman in Muscat Friday......»»
High hopes for Filipino golf aces as IS Oman unfolds
Justin Quiban seeks redemption, eager to bounce back from a disappointing performance in the Malaysian Open as he joins compatriots Miguel Tabuena and Angelo Que in the International Series Oman......»»
Quiban sizzles with 65, trails by 3; Tabuena, Que in the mix
Justin Quiban put up a remarkable performance coming off a long break, initiating with a strong start and posting an even more impressive finish......»»
Junior golfers reflect on TCC experience
For some of the country’s junior golfers, the recent competitive showdown between seasoned pros Tony Lascuña and Miguel Tabuena at The Country Club Invitational provided a rare and invaluable experience......»»
Last-hole birdie shoves Lascuña ahead in TCC Invitational
Tony Lascuña took charge in a gripping turn of events in another punishing day at The Country Club, overcoming a huge deficit and snatching the lead from Miguel Tabuena with a clutch two-shot swing on the last hole in the third round of the TCC Invitational here yesterday......»»