Tag: Job losses

Disguised Jobs Crisis

February 4, 2019

Download Briefing Paper here An excerpt from the IBON 2018 Yearend Birdtalk paper “Faltering Economy, Shell of A Democracy”: The socioeconomic conditions of the masses are not substantially or sustainably improving. A few gained from recent economic growth but not the people who need this the most. Domestic elites and foreign capital continue to profit […]

295,000 jobs lost since Duterte assumed office, IBON maintains

September 13, 2018

Research group IBON stood by its estimates that close to 300,000 jobs were lost since the start of the Duterte administration, that has been downplaying the fact. The group stressed this after Employers’ Confederation of the Philippines (ECOP) honorary chair Sergio Ortiz-Luis said that IBON’s description of jobs lost is “deceiving”. Ortiz-Luis reportedly said that […]

300k jobs lost under Duterte

September 12, 2018

Job creation in the rest of the economy was not enough to compensate for the huge job losses especially in agriculture. There were gross job losses of 2.2 million between July 2016 and July 2018 but only 1.9 million in gross job creation, hence the 295,000 drop in the number of employed. Read more: https://www.ibon.org/2018/09/jobs-crisis-getting-worse-under-duterte-govt-ibon/