Tag: jobs crisis

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/

Jobs crisis getting worse under Duterte gov’t – IBON

September 10, 2018

Research group IBON said that the jobs crisis in the country is getting more severe under the Duterte administration. The group said that the government should be more forthright and admit growing economic insecurity from inflation and joblessness rather than keep trying to downplay this. Millions of Filipinos are jobless, including those excluded from official […]

PH Economy Duterteriorating

August 29, 2018

IBON FEATURES – Stay the course, the country’s economic managers always insist. They will be the last to admit bad economic news because eternal sunshine is part of their job. Their recent spontaneous reactions against federalism are however more revealing. They are losing control of the economy as it is and they know the ill-conceived […]

Duterte aggravates the Filipino people’s woes

July 4, 2018

The Duterte administration’s second full year in office sees the people’s condition worsening and the need for genuine reforms even more urgent. The government is however digging in its heels and pushing more harmful neoliberal measures that aggravate the people’s plight instead of implementing policies that overcome economic backwardness. Filipinos struggle to cope with fast […]

Jobs crisis intensifying under Duterte – IBON

June 12, 2018

     Over 700,000 jobs lost in agriculture and fisheries Research group IBON said that despite recently hyped growth of 6.8% in first quarter 2018 the country’s jobs situation continues to worsen under the Duterte administration. The Philippine Statistics Authority (PSA) reported that the employment rate grew slightly to 94.5% in April 2018, while the unemployment […]

Poor-quality work increased amid economic growth–IBON

May 16, 2018

First quarter economic growth this year did not translate to better jobs for Filipinos, research group IBON said. This means that despite government claims that the groundwork for reforms has been laid, growth has remained essentially exclusionary, generating jobs that are insecure and low-paying, said the group. Socio-Economic Planning Secretary Ernesto Pernia recently announced the […]

Highest unemployment in ASEAN

March 12, 2018

Latest data shows that the number of employed Filipinos fell by 663,000 to 40.3 million in 2017 from the year before and the number of unemployed rose by 66,000 to 4.1 million. The unemployment rate has also risen to some 9.2% and remains by far the highest in ASEAN.

Dutertenomics: lost cause?

July 20, 2017

During the Duterte administration’s first year, there was all the hype about aiming for inclusiveness and championing the common Filipino family’s dream for a comfortable life. The President took important, some unprecedented steps including hinting nationalism, willingness to work with progressives in the cabinet and pursuit of peace negotiations. Yet the administration capitalized on bloody […]