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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

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

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

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

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

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

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

Philippines Sees Improvements in Jobs, Setting a Positive Tone for 2024

New insights from The Market Call paint a hopeful picture for the Philippines, especially in job opportunities and economic stability, pointing to a promising start in 2024. In December, a significant number of people, a whopping 50.5 million, found jobs, and the number of those without jobs hit a record low of 1.6 million, making […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 22nd, 2024

Philippines FDI net inflows drop by 29.6 pct in October

MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian

January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 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

Unemployment lowest in 2 decades

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

Category: newsSource:  sunstarRelated NewsFeb 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:  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

More jobs to keep Pinoys home, lawmakers told

An economy stimulated by foreign investments could lead to the generation of more local jobs so that Filipinos will no longer seek work abroad, a former overseas Filipino worker said during deliberations of Resolution of Both Houses No. 7 by the House of Representatives’ committee of the whole on Wednesday......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Concepcion: Creating jobs more sustainable than legislated wage hike

A skilled workforce and a vibrant economy that creates jobs are a more sustainable approach to attaining higher wages instead of immediately increasing the minimum wage, according to entrepreneurship advocacy group Go Negosyo......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Prioritizing job creation over wage hikes urged

Creating more jobs is a better way to improve lives than the proposed P350 minimum wage increase by the House of Representatives, according to Go Negosyo founder and Private Sector Advisory Council Jobs Lead Joey Concepcion. .....»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Mandaue’s crime rate down by 5 percent

Mandaue’s crime rate down by 5 percent.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Get your crowns ready: SIX the Musical hitting Manila in October

The award-winning production "SIX the Musical" will be staged in the Philippines this October......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

LANY to return to Philippines in October 2024

Pop-rock band LANY fulfilled their promise to return to Manila as they announced that they will bring their "A Beautiful Blur World Tour" to Philippine Arena on October 12. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 5th, 2024