Tag: jobs crisis
300k jobs lost under Duterte
Setyembre 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
Setyembre 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
Agosto 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
Hulyo 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
Hunyo 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
Mayo 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
Marso 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?
Hulyo 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 […]
Rehashed neoliberal policies: One year of Dutertenomics
Hunyo 28, 2017
The Philippines is in a worsening socio-economic crisis. The direction of economic policies under the Duterte administration is alarming and in urgent need of correction. The government’s economic team still uses the anti-development policy framework of past administrations which will mean greater economic distress for the majority of Filipinos. The economy’s poor performance since June […]
