MANILA –With faster and improved quality of economic growth, the Philippine labor market continues to show vibrancy as unemployment and underemployment rates fell in July 2016, according to the National Economic and Development Authority (NEDA). According to the Philippine Statistics Authority’s Labor Force Survey (LFS) for July 2016, the employment rate rose to 94.6 percent continue reading : Vibrant labor market accompanies GDP growth
UNEMPLOYMENT RATE DROPS TO NEW RECORD LOW IN 10 YEARS
MANILA— The country’s labor market continued to record positive gains in October 2015 as unemployment rate fell to its lowest in a decade and both employment and underemployment figures further improved, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate dropped further to 5.7 continue reading : UNEMPLOYMENT RATE DROPS TO NEW RECORD LOW IN 10 YEARS
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
Key employment figures improve in April 2015, on track with gov’t target for the year
MANILA—The reduction in the country’s unemployment and underemployment rates in April 2015 indicates a sustained favorable situation in the job market owing to the continued strength of the economy, according to the National Economic and Development Authority (NEDA). “The favorable market condition in April 2015 follows a similar trend in the January 2015 round of continue reading : Key employment figures improve in April 2015, on track with gov’t target for the year
January 2015 employment figures show stronger PH jobs market
MANILA— The number of jobless Filipinos fell further in January 2015, showing signs that the country’s labor market is continuously improving and fueling hopes that the better employment figures will sustain recent findings of increased incomes of low-income families, according to the National Economic and Development Authority (NEDA). The January 2015 Labor Force Survey (LFS) continue reading : January 2015 employment figures show stronger PH jobs market
October 2014 employment figures reveal better quality jobs generated, unemployment lowest in 10 years – NEDA
MANILA — Significant gains were registered by the country’s labor market as employment figures for October 2014 revealed that better quality jobs were generated and unemployment dropped to its lowest in 10 years, according to the National Economic and Development Authority (NEDA). This statement came after the Philippine Statistics Authority (PSA) released the results of continue reading : October 2014 employment figures reveal better quality jobs generated, unemployment lowest in 10 years – NEDA
Strong employment figures in July 2014 support inclusive growth targets – NEDA
MANILA—Strong gains in the country’s employment in July 2014 show continued signs of dynamism in the labor market and sustained confidence in the economy, according to the National Economic and Development Authority (NEDA). The July 2014 Labor Force Survey (LFS) revealed that the figures for employment, unemployment, underemployment, and the labor force participation rate all continue reading : Strong employment figures in July 2014 support inclusive growth targets – NEDA
Employment numbers improve in April 2014, back gov’t growth target for the year
MANILA—Jobs growth in all major sectors of the economy pushed total employment to 38.7 million in April 2014, a 4.5-percent increase from 37.0 million a year ago, according to the National Economic and Development Authority (NEDA). This growth translated into 1.7 million additional employed persons in April 2014 from the same period last year. Thus, continue reading : Employment numbers improve in April 2014, back gov’t growth target for the year
