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

PH TALLIES NEW RECORD-LOW UNEMPLOYMENT RATE SINCE PANDEMIC—NEDA

May 6, 2022 — The Philippines tallied a new record-low unemployment rate since the start of the pandemic as the majority of the country shifted to alert level 1 in March 2022, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate fell from 6.4 percent continue reading : PH TALLIES NEW RECORD-LOW UNEMPLOYMENT RATE SINCE PANDEMIC—NEDA

EMPLOYMENT CREATION REMAINS STRONG AS ECONOMY FURTHER REOPENS – NEDA

February 10, 2022 – The country’s net employment creation in December 2021 signals that the economy is on the right track to recovery, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that unemployment slightly increased to 6.6 percent in December 2021 from 6.5 percent in November 2021. However, this continue reading : EMPLOYMENT CREATION REMAINS STRONG AS ECONOMY FURTHER REOPENS – NEDA

PH UNEMPLOYMENT SLIGHTLY INCREASES, GRANULAR LOCKDOWNS TO HELP BRING BACK MORE EMPLOYMENT – NEDA

November 4, 2021 Unemployment slightly increased in September 2021 as the country’s economic centers remained under stringent quarantines and as weather disturbances affected agriculture, but employment prospects remain promising as the country shifts to granular lockdowns, the National Economic and Development Authority (NEDA) said.   As reported by the Philippine Statistics Authority today, unemployment increased from 8.1 percent in August continue reading : PH UNEMPLOYMENT SLIGHTLY INCREASES, GRANULAR LOCKDOWNS TO HELP BRING BACK MORE EMPLOYMENT – NEDA

AUGUST 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE AUGUST 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS   SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT OFFICER-IN-CHARGE TINA ROSE MARIE L. CANDA SEPTEMBER 30, 2021   The August 2021 Labor Force Survey results show improvements in the labor market as continue reading : AUGUST 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

JULY 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE JULY 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT OFFICER-IN-CHARGE TINA ROSE MARIE L. CANDA SEPTEMBER 7, 2021 The labor force continues to recover as we build on the 11.8 percent economic growth recorded continue reading : JULY 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE JUNE 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT OIC TINA ROSE MARIE L. CANDA AUGUST 3, 2021 The labor force survey results for June 2021 show the limits of job creation without major relaxations in quarantine restrictions, especially in the National Capital Region. With the emergence of the continue reading : THE JUNE 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

PH RECORDS LOWEST UNEMPLOYMENT RATE SINCE COVID-19 PEAK – ECON MANAGERS   

May 6, 2021 Rising labor force participation and falling unemployment have enabled millions of Filipinos to regain their jobs and incomes in March 2021, according to the country’s economic managers. In a joint official statement, the Philippine government’s economic managers consisting of Socioeconomic Planning Secretary Karl Kendrick T. Chua, Finance Secretary Carlos G. Dominguez, and Budget Secretary continue reading : PH RECORDS LOWEST UNEMPLOYMENT RATE SINCE COVID-19 PEAK – ECON MANAGERS   

THE MARCH 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE MARCH 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT SECRETARY WENDEL E. AVISADO MAY 6, 2021   Labor force survey (LFS) results The labor market continued to see gains in March 2021 following the continue reading : THE MARCH 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

PH ECONOMIC MANAGERS HIGHLIGHT RECOVERY OF MORE JOBS, SENSITIVITY OF LABOR MARKET TO QUARANTINES

March 30, 2021 Improvements were seen in the number of people who were able to recover their jobs or earn a living as more of the economy was gradually reopened late last year and in early 2021, according to the country’s economic managers. The Philippine government’s economic managers, consisting of Acting Socioeconomic Planning Secretary Karl continue reading : PH ECONOMIC MANAGERS HIGHLIGHT RECOVERY OF MORE JOBS, SENSITIVITY OF LABOR MARKET TO QUARANTINES

JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS: THE FEBRUARY 2021 LABOR FORCE SURVEY RESULTS

THE FEBRUARY 2021 LABOR FORCE SURVEY RESULTS   JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS:   ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT SECRETARY WENDEL E. AVISADO   MARCH 30, 2021   Introduction The COVID-19 pandemic and the quarantines have claimed many lives and caused continue reading : JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS: THE FEBRUARY 2021 LABOR FORCE SURVEY RESULTS

MORE JOBS RESTORED WITH SAFE REOPENING OF ECONOMY, ADDRESSING REMAINING RESTRICTIONS STILL NEEDED – PH ECONOMIC MANAGERS

March 9, 2021 The latest labor force survey (LFS) data show that across sectors, the country is gradually getting back the jobs lost due to the pandemic. However, the smaller progress in the past quarter suggests the need to address remaining restrictions before the economy can get closer to normal, according to the country’s economic continue reading : MORE JOBS RESTORED WITH SAFE REOPENING OF ECONOMY, ADDRESSING REMAINING RESTRICTIONS STILL NEEDED – PH ECONOMIC MANAGERS

JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS ON JANUARY 2021 LABOR FORCE SURVEY RESULTS

THE JANUARY 2021 LABOR FORCE SURVEY RESULTS   JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS:   ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT SECRETARY WENDEL E. AVISADO   MARCH 9, 2021   Introduction We started 2020 with very good prospects. The country was likely to continue reading : JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS ON JANUARY 2021 LABOR FORCE SURVEY RESULTS

PH UNEMPLOYMENT RATE EASES IN JULY FROM APRIL 2020

September 3, 2020 The labor market is improving, but the government needs to continue its efforts in containing the spread of the COVID-19 pandemic and supporting affected workers and firms to revive the economy, the National Economic and Development Authority (NEDA) says. As reported by the Philippine Statistics Authority (PSA), the July round of the continue reading : PH UNEMPLOYMENT RATE EASES IN JULY FROM APRIL 2020

UNDEREMPLOYMENT RATE DROPS TO NEW RECORD LOW IN 10 YEARS

March 6, 2020 The Philippine labor market continued to record positive gains as underemployment rate fell to its lowest in a decade on top of an increased employment rate, the National Economic and Development Authority said. The January round of the Labor Force Survey (LFS) of the Philippine Statistics Authority showed that the country’s underemployment continue reading : UNDEREMPLOYMENT RATE DROPS TO NEW RECORD LOW IN 10 YEARS