unemployment
PH among worst performers in Southeast Asia
June 13, 2022
The government hypes the Duterte legacy but comparing growth, jobs, inflation, trade and debt figures with other Southeast Asian countries shows the Philippine economy as among the poorest performers. This is due not only to its poor COVID response, harsh lockdowns and refusal of economic stimulus but to pre-pandemic mispriorities.
1.3M jobs lost: Fall in number of employed bursts full recovery hype bubble
June 11, 2022
The incoming finance secretary claims that the economy is on its way to full recovery, but the over one million drop in employed persons in April 2022 proves otherwise.
Million increase in underemployed: Economy still not creating enough decent work
May 6, 2022
NEWS
Government should not be complacent following the reported increase in employment, considering the spike in underemployment and in part-time work. Many Filipinos are still struggling to make ends meet and the economy is still weak despite reopening.
The scourge of price hikes
April 16, 2022
Prices keep rising, cash subsidies are limited, and real wages keep falling. The situation will not get better if the government does not acknowledge that the rampant jobs crisis and worsening poverty are huge problems that require big solutions.
8 of 10 new jobs are just part-time: PH struggles to create quality work as economy reopens
April 7, 2022
Latest labor force data show that the economy, despite reopening, is struggling to generate sufficient work. Additional jobs created are also mostly temporary, insecure and informal.
10 things about the economy that the Duterte administration should admit
April 4, 2022
At its economic briefing, the Duterte government will likely hype growth, claim successful COVID response and play up so-called reforms. All this seeks to distract from how social and economic development has been set back by the administration even before the pandemic.
Jobs crisis worsened by fuel price hikes and measly ayuda
March 18, 2022
NEWS
The huge drop in the number of labor force participants and employed persons from December 2021 to January 2022 is concerning and underscores the country’s precarious jobs situation.
Philippine economy suffered under Marcos
February 26, 2022
The decade 1975-1986 was actually a time of intense social crisis and economic difficulty for most Filipinos.
PH upper middle income by end 2022?: Just a number – IBON
February 12, 2022
The “upper-middle income” country status that the Duterte government is hoping to achieve this year is just a number. Even if reached, this is an empty achievement amid the weakest economy and worst joblessness in decades and will just reflect the prosperity of an elite few.
