Unemployment rate may have declined, but people who do not have jobs are still numerous. Manpower Minister Josephine Teo said that it will be determined by the hiring demand and the keenness of employers to look past applicants who have familiar profiles. He also added that people who are looking for a job must take time to learn new skills …

It’s saddening how 4.5 million Filipinos were jobless a year ago for a normal joblessness pace of 10.3 percent which is the most elevated in 15 years as the Philippine Statistics Authority shared it to the nation. In 2020, the Philippines forced the longest and most tough lockdown in Southeast Asia to contain the spread of COVID-19, which, nonetheless, dove …

METRO MANILA – Department of Labor and Employment (DOLE) said on Wednesday, that around 700,000 overseas Filipino workers (OFWs) may lose their job due to the impact of the Covid-19 pandemic worldwide. Labor Assistant Secretary Dominique Rubia-Tutay said in a briefing with the economic team, the immediate and long term effect of the Covid-19 pandemic continues to unfold and becoming …

METRO MANILA – The number of unemployed Filipinos of drops nationwide last July after lockdown eases and the economy slowly reopens amid the coronavirus pandemic. According to the data released by the Philippine Statistics Authority (PSA), The jobless rate in July was recorded at 10%, and major improvement from the 17.7% recorded in the longest and most strictest quarantine lockdown …

METRO MANILA  – Nearly half of the country’s adult labor force was unemployed in July this year, a recent survey revealed by the Social Weather Stations (SWS) on Sunday. According to the survey conducted from July 3-6, 2020, unemployment in the country rises to  45.5% from  17.1% last December. a 28-point increase and a new record-high beating the 34.4% recorded …

The observation for the status of employment in Malaysia is still on going. Approximately two-thirds of Malaysian companies claim they did not have any profits in the MCO era, a survey reveals. According to Department of Statistics Malaysia (DOSM), 67.8% of the firms that participated in the survey said they had not taken in any revenue during the MCO. Two-thirds …

A proposal for a stabiliser fund to support the battered stock market is scheduled to be vetted by Prime Minister Prayut Chan-o-cha on Monday. According to Deputy Prime Minister Somkid Jatusripitak, who discussed the issue yesterday with the Finance Ministry, the Stock Exchange of Thailand (SET), the Securities and Exchange Commission (SEC) and the Bank of Thailand, all parties agreed …