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.