What robust labor market?

January 18, 2025

Almost three million drop in employed sign of swelling ranks of discouraged workers—IBON

September 8, 2023

Research group IBON said that the 2.8-million collapse in the number of employed persons but small decline in unemployed confirms that many Filipinos have dropped out of the labor force. This is due to the lack of jobs – even work that is self-employed and informal. The group said that this huge increase in discouraged […]

Jobs created mostly poor and quality work

May 15, 2023

The overwhelming number of “jobs created” are merely self-employment and informal work, and domestic work — accounting for 4.3 million or 71.3% of net employment

Economic slowdown stresses urgency of boosting household purchasing power with wage hikes, ayuda– IBON

May 14, 2023

The continuing deceleration in household spending from low incomes and high prices is among the biggest factors in the slowdown, and is among issues that the administration can immediately address

NCR nominal vs real wages

April 26, 2023

Higher inflation is eroding the nominal wage, but due to infrequent and meager wage increases, the real value of this has even declined. In the NCR, the real wage as of March 2023 is the lowest in 12 years and lower than 34 years ago.

Will World Economic Forum folks believe Bongbong?

January 16, 2023

The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.