DAVAO CITY — The Davao City field office of the Department of Trade & Industry (DTI)has announced that it will…
DAVAO CITY — Jewelers of Monkayo are expected to clinch more deals and generate more sales as the town’s jewelry-making…
DAVAO CITY — In this year’s State of Filipino Mothers Report, Davao City ranked one of the five best places…
DAVAO CITY — Australian Ambassador to the Philippines Rod Smith has announced that applications are now open for the 2010…
DAVAO CITY – The information technology-business process outsourcing (IT-BPO) sector in Davao City estimates that BPO-related jobs grew by as…
TAGUM CITY — The Regional Development Council (RDC) is coming up with a resolution urging mayors and provincial governors of…
DAVAO CITY — In commemoration of Childhood Cancer Awareness Month, Davao Medical Center (DMC) in cooperation with Kythe Foundation, instigated…
Ibon calls the 2.9 million jobless figures in the latest labor force survey an “underestimation.” It did not include the number of discouraged jobseekers, or those who are willing to take up work from the labor force. Ibon’s higher estimates aims to correct the unwarranted change in the official unemployment definition in April 2005, which conveniently removes discouraged jobseekers and those willing/not available to immediately take up work from the labor force and hence does not count them as officially unemployed even if they do not have jobs.
Ibon estimates that some 2.5 % of the working age population 15 years and over should still be considered part of the labor force, which implies an additional 1.5 million jobless on top of the 2.9 million officially reported– for a total of roughly 4.3 million jobless.
The additional 2.5% is based on the estimated discrepancy in official and actual labor force participation rates in 2008. The number of jobless could be even much higher if, as is likely, labor force participation rates this year become bloated by even greater numbers of discouraged job-seekers.Read on
Davao City — The Bureau of Internal Revenue (BIR) is set to implement Oplan Kandado (operation plan lockup), which will…
Davao City — Over a thousand college graduates of Ateneo de Davao University (Addu) were reminded by Associate Justice Antonio…
