PH LABOR MARKET SUSTAINS RECOVERY, GOV’T TO STRENGTHEN POLICIES TOWARD HIGH-QUALITY JOB CREATION—NEDA

MARCH 9, 2023 – As the country’s labor market conditions continue to improve, the government remains steadfast in strengthening its policy interventions geared toward generating more productive and higher-quality employment, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate declined to 4.8 percent in January continue reading : PH LABOR MARKET SUSTAINS RECOVERY, GOV’T TO STRENGTHEN POLICIES TOWARD HIGH-QUALITY JOB CREATION—NEDA

HIGH-QUALITY JOBS TO BOLSTER VIBRANT PH LABOR MARKET — NEDA

FEBRUARY 8, 2023 – The Philippine labor market continues to record positive gains as more Filipinos pursue and attain high-quality jobs amid the now fully-opened economy, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate declined to 4.3 percent in December 2022, from 6.6 percent continue reading : HIGH-QUALITY JOBS TO BOLSTER VIBRANT PH LABOR MARKET — NEDA

PH UNEMPLOYMENT HITS LOWEST SINCE APRIL 2005, NEW DEV’T PLAN TO PURSUE HIGH-QUALITY JOBS, DYNAMIC LABOR MARKET

JANUARY 6, 2023 — The government will pursue a dynamic labor market that will generate more jobs and high-quality employment as the country recorded its lowest unemployment rate since April 2005, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate dropped to 4.2 percent in November continue reading : PH UNEMPLOYMENT HITS LOWEST SINCE APRIL 2005, NEW DEV’T PLAN TO PURSUE HIGH-QUALITY JOBS, DYNAMIC LABOR MARKET

PH SUSTAINS STRONG RECOVERY, UPBEAT LABOR MARKET – NEDA

December 7, 2022 — The Philippines continues to sustain an upbeat labor market, leading towards a strong economic recovery from the impact of COVID-19 pandemic, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate dropped to 4.5 percent in October 2022 from 7.4 percent during the continue reading : PH SUSTAINS STRONG RECOVERY, UPBEAT LABOR MARKET – NEDA

INVESTMENTS IN PRODUCTIVE SECTORS, HUMAN CAPITAL TO LEAD MORE QUALITY EMPLOYMENT—NEDA

October 6, 2022 – Prioritizing investment opportunities in the productive sectors and strengthening the country’s human capital will translate to more high-quality and resilient jobs, further enabling a vibrant Philippine labor market, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority today, the country’s unemployment rate significantly declined to continue reading : INVESTMENTS IN PRODUCTIVE SECTORS, HUMAN CAPITAL TO LEAD MORE QUALITY EMPLOYMENT—NEDA

NEDA EMPHASIZES FULL REOPENING OF PH ECONOMY IN BOLSTERING JOB CREATION

August 8, 2022 MANILA – The country needs a safe and full reopening of the economy to return to a high-growth path and reinvigorate job creation, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority (PSA) today, the country’s unemployment rate in June 2022 was recorded at 6.0 percent, continue reading : NEDA EMPHASIZES FULL REOPENING OF PH ECONOMY IN BOLSTERING JOB CREATION

TARGETED SUBSIDIES, FULL SCHOOL REOPENING TO HELP BRING BACK EMPLOYMENT — NEDA

June 10, 2022 — Targeted subsidies and the full resumption of face-to-face schooling will help bring back employment in the hardest-hit sectors, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate decreased from 5.8 percent in March 2022 to 5.7 percent in April 2022, the continue reading : TARGETED SUBSIDIES, FULL SCHOOL REOPENING TO HELP BRING BACK EMPLOYMENT — NEDA

NEDA BACKS NATIONWIDE SHIFT TO ALERT LEVEL 1 TO IMPROVE EMPLOYMENT OUTCOMES

April 7, 2022 – Increased mobility and easing of restrictions led to significant employment creation in February 2022, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate in February was maintained at 6.4 percent, the lowest since the start of the COVID-19 pandemic. At the continue reading : NEDA BACKS NATIONWIDE SHIFT TO ALERT LEVEL 1 TO IMPROVE EMPLOYMENT OUTCOMES

SHIFT TO ALERT LEVEL 1, RESUMPTION OF FACE-TO-FACE CLASSES TO HELP IMPROVE PH EMPLOYMENT OUTCOMES – NEDA

March 18, 2022 – While the unemployment rate declined, fewer Filipinos were able to work amid the Omicron surge in January 2022, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority today, the unemployment rate improved from 6.6 percent in December 2021 to 6.4 percent in January 2022, the continue reading : SHIFT TO ALERT LEVEL 1, RESUMPTION OF FACE-TO-FACE CLASSES TO HELP IMPROVE PH EMPLOYMENT OUTCOMES – NEDA

SHIFT TO ALERT LEVEL 1 TO GENERATE PHP 9.4 BILLION OF ECONOMIC ACTIVITY PER WEEK AND BENEFIT 20.3 MILLION WORKERS

March 1, 2022 – The shift to alert level 1 in more parts of the country will generate an estimated PHP 9.4 billion per week of economic activity in gross value-added terms, the National Economic and Development Authority said. During the Talk to the People of President Rodrigo Roa Duterte on Monday, Socioeconomic Planning Secretary continue reading : SHIFT TO ALERT LEVEL 1 TO GENERATE PHP 9.4 BILLION OF ECONOMIC ACTIVITY PER WEEK AND BENEFIT 20.3 MILLION WORKERS

NEDA BARES THREE PRIORITY AREAS FOR PUBLIC-PRIVATE SECTOR COLLABORATION ON PH ECONOMIC RECOVERY

January 24, 2022 – The government and the private sector need to collaborate to help improve the prospects for economic recovery, increase productivity in the country, and respond to climate change, said the National Economic and Development Authority (NEDA). In his message during the 2022 Inaugural Meeting and Induction Ceremonies of the Financial Executives Institute continue reading : NEDA BARES THREE PRIORITY AREAS FOR PUBLIC-PRIVATE SECTOR COLLABORATION ON PH ECONOMIC RECOVERY

PH RECORDS LOWEST UNEMPLOYMENT RATE SINCE THE START OF THE COVID-19 PANDEMIC—NEDA

MANILA – The Philippine labor market showed significant improvements in November 2021 as the country recorded its lowest unemployment rate since April 2020, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate decreased from 7.4 percent in October to 6.5 percent in November, the lowest continue reading : PH RECORDS LOWEST UNEMPLOYMENT RATE SINCE THE START OF THE COVID-19 PANDEMIC—NEDA

AGRI SECTOR LOSS LEADS TO EMPLOYMENT DECLINE IN JANUARY 2017

MANILA – The number of employed Filipinos decreased in January 2017, partly due to the recent typhoons that affected the agriculture sector, according to the National Economic and Development Authority (NEDA). The January 2017 Labor Force Survey (LFS) of the Philippine Statistics Authority showed that the country’s employment rate declined to 93.4 from 94.3 percent continue reading : AGRI SECTOR LOSS LEADS TO EMPLOYMENT DECLINE IN JANUARY 2017

THRIVING ECONOMY CONTINUES TO BOOST LABOR MARKET

The Philippine labor market boomed to a new high as the rate of employment increased in October 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority’s Labor Force Survey (LFS) for October 2016 showed that employment rate rose to 95.3 percent to reach 41.7 million Filipinos employed. This rate is continue reading : THRIVING ECONOMY CONTINUES TO BOOST LABOR MARKET

UNEMPLOYMENT DOWN, MORE JOBS CREATED IN JANUARY 2016

More jobs were generated for Filipinos in January 2016, which reflects the continued dynamism of the economy, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that the number of employed Filipinos grew by 2.0 percent to 39.2 million with an estimated 752,000 additional jobs created between January continue reading : UNEMPLOYMENT DOWN, MORE JOBS CREATED IN JANUARY 2016