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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......»»
8 ‘auspicious’ Chinese New Year food
To welcome the new year and to attract the good luck that it would bring, the Chinese have included in their annual tradition the serving of “auspicious” food every Chinese New Year, which falls on February 10 this 2024......»»
Philippines expects stable rice price in first half of 2024
MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»
Philippines expects stable rice price in first half of 2024
MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»
Tambay sa ‘Pinas pinasirit ng El Niño
Umakyat sa 3.9% ang unemployment rate sa Pilipinas nitong Marso bunsod ng pagbaba ng produksyon sa agrikultura na tinamaan ng El Niño phenomenon. The post Tambay sa ‘Pinas pinasirit ng El Niño first appeared on Abante......»»
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......»»
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......»»
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......»»
Grab Philippines commends Marcos, Romualdez on transpo reforms
During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»
Wage hike to cut GDP growth, raise unemployment – NEDA
The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»
Market extends winning streak
The stock market surged anew yesterday, extending its winning streak to a fifth session, as investor sentiment was boosted by the latest local unemployment data and positive cues from Wall Street overnight......»»
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......»»
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......»»
Philippine economy growth may reach 6-7 pct in 2023: Marcos
© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»
Philippine economy growth may reach 6-7 pct in 2023: Marcos
© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»
CARD MBA marks 24th year with AcciPlan launch and notable achievements
CARD Mutual Benefit Association (CARD MBA) highlighted its latest microinsurance product, AcciPlan, during its 24th anniversary celebration, on September 7, 2023......»»
EDITORIAL - Preserving a geological treasure
In September last year, a provincial board member of Bohol had asked the Department of Environment and Natural Resources to stop the construction of private structures within the Chocolate Hills area......»»
CARD Bank marks 26th year as financial inclusion champion to Filipino communities
CARD Bank, Inc. celebrated its 26th founding anniversary and savings month with the theme “Conquering a new frontier towards more inclusive financial services” on September 1, 2023......»»
Child with Cancer from Zamboanga del Norte Calls for Help
A four-year-old girl from Brgy. Poblacion, Siayan, Zamboanga del Norte is calling for financial assistance to help sustain her chemotherapy treatment. Lucille Jhen Dionaldo was diagnosed with Acute Lymphoblastic Leukemia (ALL) last September 19, 2023, 2 months after she celebrated her 4th birthday. Her symptoms started to manifest weeks prior to her diagnosis as pallor,.....»»
Military hubris at play in envi activists’ case
To recall, the two activists, Jhed Tamano and Jonila Castro, both in their early 20s, were kidnapped and held in secret custody for 17 days in September last year. Presented at a press conference purportedly to announce that they had surrendered, the two instead accused the military of abducting them. Taken by surprise, the authorities were shocked into releasing them pronto. The post Military hubris at play in envi activists’ case appeared first on Bulatlat......»»