Tag: oil price shocks

Jobs crisis deepens as PH unemployment surges, becomes worst in the region—IBON

Nobyembre 6, 2026

The September surge in Philippine unemployment is the worst among Southeast Asian countries and exposes how millions of Filipinos are struggling to eke out a living amid a worsening jobs crisis under Pres. Marcos Jr, said research group IBON. The administration’s longstanding overreliance on attracting foreign investments and market-driven upskilling of Filipino workers has failed […]

Falling employment, rising underemployment confirm worsening joblessness

Hunyo 9, 2026

NEWS

The overall labor force picture is of an economy that is still not creating enough work.

Substantial economic relief will help millions amid worsening crisis

Mayo 21, 2026

Millions of Filipinos are just a few more price increases away from poverty.

Headline figures mask crisis of informal, volatile labor—IBON

Mayo 6, 2026

The data underscore an economy without stable foundations. Agriculture and manufacturing are critical for broad-based and sustainable growth but continue to fluctuate and deteriorate, while services mainly absorb displaced workers in insecure and low-quality employment.

PH fuel among costliest in ASEAN due to deregulation

Abril 10, 2026

NEWS

Persistently high fuel prices in the Philippines—now among the highest in ASEAN—are the result of deliberate government policy choices.

Most Filipinos trapped in precarious work, face deeper crisis from oil price shocks

Abril 8, 2026

NEWS

Latest labor force data confirms that millions of Filipino families are highly vulnerable to rising fuel costs and higher inflation, pushing them into even deeper poverty.

Oil shocks risk further erosion of Filipinos’ purchasing power

Marso 10, 2026

Many Filipinos’ meager incomes will not keep pace with the rising cost of living driven by higher fuel prices.