joblessness

Job creation weakened despite rapid FDI growth

March 23, 2023

One of the key arguments of charter change proponents is that liberalizing the economy to FDI will create more jobs. But job creation has actually weakened even as foreign direct investment inflows increased.

With among the highest joblessness and inflation in Southeast Asia, PH needs bold econ reforms–IBON

July 20, 2022

The Philippines has among the highest unemployment and inflation rates in the region, underscoring the country’s worsening conditions and the urgent need for radical economic measures.

Joblessness worsens despite economy opening up

July 18, 2022

Joblessness and informality of work are worsening. Why is the government claiming that the economy is recovering?

8 of 10 new jobs are just part-time: PH struggles to create quality work as economy reopens

April 7, 2022

Latest labor force data show that the economy, despite reopening, is struggling to generate sufficient work. Additional jobs created are also mostly temporary, insecure and informal.

Oil price rollback not enough for Filipinos to recover income losses

March 23, 2022

NEWS

The Duterte administration’s belated move to raise cash aid to Php500 per month does little to help millions of poor and vulnerable Filipino households recover lost incomes and cope with rising prices.

PH upper middle income by end 2022?: Just a number – IBON

February 12, 2022

The “upper-middle income” country status that the Duterte government is hoping to achieve this year is just a number. Even if reached, this is an empty achievement amid the weakest economy and worst joblessness in decades and will just reflect the prosperity of an elite few.

Duterte gov’t creates the most unemployment among all post-Marcos admins

February 10, 2022

Pres. Duterte will leave behind a legacy of having the biggest increase in joblessness among all post-Marcos administrations.