Tag: Unemployment

  • Philippines Achieves Lowest Unemployment Rate Since 2005 in 2024

    In a significant milestone for the Philippine economy, the unemployment rate dropped to a historic low of 3.8% in 2024, the best figure since 2005, according to the Philippine Statistics Authority (PSA). This achievement was highlighted during the ‘Trabaho sa Bagong Pilipinas’ job fair held at the Rizal Memorial Sports Complex in Manila on January…

  • Speaker Romualdez Credits Economic Policies for Boosting Employment

    Speaker Martin Romualdez recently highlighted the effectiveness of the government’s economic strategies in enhancing the employment landscape, as evidenced by a significant reduction in unemployment to a five-month low of 3.2 percent in November 2024. In a statement, Romualdez linked the positive employment trend to the robust economic growth under President Ferdinand R. Marcos Jr.’s…

  • Senator Villanueva Optimistic About Job Market Growth in 2025

    Senator Joel Villanueva expressed a positive outlook for the job market in 2025, citing recent labor statistics and the implementation of key legislation by the Marcos administration. Speaking on January 9, 2025, Villanueva highlighted the significant drop in unemployment and underemployment rates as a promising start to the year. According to the November 2024 Labor…

  • Senator Optimistic About Job Market Growth in 2025 Due to Key Legislation

    Senator Joel Villanueva expressed a positive outlook for the job market in 2025, attributing the expected improvement to several crucial laws passed under the Marcos administration. Speaking on January 9, 2025, Villanueva highlighted the recent labor force statistics that showed a decline in unemployment and underemployment rates at the start of the year. According to…