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.
December 3, 2020
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.
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.
February 3, 2020
December 6, 2019
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.
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 […]
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 […]
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 […]