COTABATO CITY — The opening of the first call center in this city is indicative of a new phase in…
DAVAO CITY — In preparation for the influx of tourists this summer, the Regional Development Council (RDC) has enjoined all…
DAVAO CITY — About 500 vegetable growers nationwide are to convene in Davao City on April 22 to 23 for…
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…
TAGUM CITY — The Regional Development Council (RDC) is coming up with a resolution urging mayors and provincial governors of…
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…
MAASIM, SARANGANI — Despite the global economic slump, investor confidence shows no sign of slowing down here as a Sarangani-based…
Occupational health risks likely to rise in the outsourcing industry Occupational health dangers in the outsourcing industry is likely to…
