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

UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE

December 5, 2018 The country’s underemployment rate fell to its lowest in over a decade, indicating the improvement of the quality of work nationwide, the National Economic and Development Authority said. Based on the October round of the Labor Force Survey (LFS) of the Philippine Statistics Authority, underemployment rate dropped to 13.3 percent in October continue reading : UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE

PH MUST REAP LABOR GAINS FROM BUILD, BUILD, BUILD – NEDA

June 18, 2018 With the expected effect of the government’s unprecedented “Build Build Build” program on the country’s labor demand, the government must ensure that laborers’ skills and competencies match industry needs, the National Economic and Development Authority (NEDA) said.  “To fully maximize gains from Build Build Build, the Philippine labor market should be ready continue reading : PH MUST REAP LABOR GAINS FROM BUILD, BUILD, BUILD – NEDA

ACROSS-THE-BOARD WAGE HIKE COULD WORSEN INEQUALITY —NEDA

19 October 2016 MANILA — The National Economic and Development Authority, together with the Department of Finance, Department of Budget and Management, and the Department of Trade and Industry, stood against the Php125.00 across-the-board (ATB) wage increase for workers in the private sector, saying it could worsen inequality across regions. The Php125.00 ATB daily wage continue reading : ACROSS-THE-BOARD WAGE HIKE COULD WORSEN INEQUALITY —NEDA

Number of unemployed Filipinos down in July 2015

MANILA—The number of unemployed Filipinos went down in July 2015 as the market continues to reflect the continued strength of the economy, but interventions in the agriculture sector must continue to protect El Niño-affected workers, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that unemployment rate further continue reading : Number of unemployed Filipinos down in July 2015