PH labor market rebounding but not recovering – IBON

December 4, 2020

News | The labor market rebounding as lockdown restrictions are eased should not be mistaken as ‘recovery’. More than people returning to work, the term should mean returning to the same levels of employment as before. Recovery can only happen with substantial economic stimulus with sufficient government financial assistance or subsidies to workers affected by the pandemic.

IBON Executive Director on October 2020 labor force survey results

December 3, 2020

Duterte administration’s recovery plans help the rich more than the poor

June 5, 2020

government’s supposed recovery plans are more concerned about supporting business profits than helping the mass of unemployed Filipinos. The finance department’s PH-PROGRESO and stimulus bills in Congress give considerable support to businesses while millions of affected families get token support at best.

Official unemployment figures understate historic jobs crisis

June 5, 2020

The unemployment crisis is actually even worse than official figures show. The 20.4 million real unemployed and underemployed today is the worst crisis of mass unemployment in the country’s history.

Record Unemployment Under Duterte

February 3, 2020

Most new jobs temporary, poor quality — IBON

December 6, 2019

NEWS

Research group IBON said the recently reported large increase in employment and slight decrease in unemployment bring much-needed relief to millions of Filipinos who have been suffering worsening unemployment since the Duterte administration began. The group however also warned against complacency. Looking at the official labor force survey results more completely shows that the majority of jobs created were temporary and poor-quality.

Job creation volatile, mostly of poor quality work

September 7, 2019

Research group IBON said that the recently reported job generation is mostly in poor quality work and confirms volatile labor market conditions rather than a strengthening economy. The group made the statement after the recent release of seemingly favorable employment figures and warned against complacency. The Philippine Statistics Authority (PSA) reported an increase in the […]

Govt should address job losses in agri, manufacturing — IBON

June 5, 2019

Research group IBON said that the rise in employment and decline in unemployment is seemingly welcome after the worsening job generation in the past four consecutive labor force rounds. But this should not be taken at face value because of alarming underlying trends. This includes job losses in the production sectors that the Duterte administration […]

Slower economy affirms undue hype over credit rating upgrade

May 9, 2019

Sign of unsound economy Slower gross domestic product (GDP) growth during the first quarter of 2019 belies any claim of a healthy Philippine economy. Research group IBON stressed that the Duterte administration’s enthusiasm over the recent credit rating upgrade that the country got is unwarranted. Instead of hailing business-biased programs, government should look to more […]