joblessness

June labor force survey confirms economy not recovering despite reopening

August 3, 2021

The latest labor force survey (LFS) shows how far away the economy is from recovering without real fiscal stimulus. Job generation is hollow with a bloating informal sector and huge contraction in full-time work. These will worsen with the looming ECQ which will push millions of Filipinos into deeper economic distress.

Strong economy? Among worst unemployment in Asia pre-pandemic

July 25, 2021

The Philippines was dubbed as among “Asia’s 10 fastest growing economies” in 2017 and 5th in the “Most Competitive Economies” list by the World Economic Fund in 2018. But growth and competitiveness for what?

Jobs crisis continues, informal work worsens

July 3, 2021

Latest labor force figures show that millions of Filipinos are still struggling to find work or turning more and more to informal jobs and self-employment to survive. Substantial ayuda is urgently needed and Congress should hold a special session to ensure the immediate allocation and distribution of funds for emergency aid.

As Filipinos’ suffering increases, government ayuda decreases

June 17, 2021

Millions of poor and low-income Filipino households are bearing the brunt of the health and economic crisis and are in desperate need of ayuda. Things are much worse for them now than before the pandemic and the grossly inadequate government response. This includes the refusal to give the ayuda that so many so urgently need.

Joblessness worsens in February and will get worse with ECQ — IBON

March 31, 2021

The latest labor force survey confirms that unemployment and underemployment are worsening despite economic managers’ hype of rebounding employment.

Worst unemployment ever

February 5, 2021