economic contraction

Job losses despite quarantine easing may be early sign of economic contraction – IBON

November 5, 2021

The Duterte administration should not be dismissive of the significant drop in employment and rise in unemployment in September 2021. These are signs that the economy is still floundering despite quarantine restrictions easing and vaccinations increasing.

On the first quarter 2021 GDP growth: Govt missteps stalling real PH recovery

May 12, 2021

The government claims to be balancing health and economic concerns. The first quarter economic contraction, however, confirms that we are instead getting the worst of both worlds – economic losses and human suffering.