jobs crisis

1.4M jobs loss stresses need to strengthen local agri, Filipino industries – IBON

March 9, 2024

The drop in employed persons, combined with the phenomenal decrease in labor force participants and the swelling number of those not in the labor force, indicates a growing number of discouraged Filipino workers.

Drop in wholesale retail trade work in Dec shows Filipinos can’t afford to spend – IBON

February 7, 2024

Job losses in the wholesale and retail trade sector may be a result of weaker demand which is concerning since the month of December is usually marked by more spending due to the holidays.

Widespread informality, growing poverty belie gov’t claims of robust jobs market – IBON

February 7, 2024

The prevalent lack of decent work and the increasing number of Filipinos falling into poverty dispels the Marcos Jr administration’s hype of a “robust” labor market.

Stagnant employment and shrinking labor force indicate worsening disguised joblessness — IBON

January 10, 2024

The lower unemployment rate appears favorable but should not be taken at face value.

More part-timers, unpaid family workers underscores admin’s inability to create quality jobs – IBON

October 6, 2023

The millions-surge in informal work indicates that working Filipinos are going on survival mode as the living crisis intensifies. The Marcos Jr administration’s inability to improve the economy’s capacity to generate meaningful jobs is clearly a failure of policy and government’s economic management.

One year of BBM: More hype, less help

June 30, 2023

The Marcos Jr administration has profusely hyped its one year of achievements that have supposedly helped the Filipino people amid the economic crisis. But looking back, did the President really achieve that much and help the Filipino people as much as he claims?

The State of Filipino Employment Informality

April 29, 2023

Most Filipinos are so poor and lacking savings that they can’t afford to be unemployed. But there are so little regular formal jobs available that the overwhelming majority struggle with self-employment, informal work, or irregular jobs in informal establishments.

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.