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by Huileng Tan, CNBC, May 23, 2017 Goldman warns of 2018 oil glut amid optimism over OPEC cut extension There are risks for a renewed surplus next year in crude oil markets, Goldman Sachs analysts wrote in a report published on Monday.

http://www.finchannel.com/society/employment/65096-adb-300-million-loan-to-help-philippines-boost-youth-employment The FINANCIAL — The Asian Development Bank (ADB) will provide $300 million to support the Philippine government roll out services aimed at assisting Filipino youth find gainful employment, part of the government’s job creation goal under the Duterte government’s 10 point agenda and 2017-2022 Philippine Development Plan.

By Ben Serrano (The Philippine Star), May 23, 2017 BUTUAN CITY, Philippines – A school principal died of electrocution at the Ormaca Elementary School during Brigada Eskwela in San Francisco, Agusan del Sur on Saturday. Josie de la Cruz, 61, a resident of Purok 3, Barangay Omaca, was helping in cleaning the school grounds when…

ABS-CBN News, May 23, 2017 Six Chinese nationals on Tuesday were arrested after offering P150,000 for marriage to 7 Filipinas so they could take them to China to be farm workers.

By: Marc Jayson Cayabyab, INQUIRER.net, May 22, 2017 The party-list representatives of the cooperative sector will oppose the provision in the government’s tax package lifting the value-added tax (VAT) exemption being enjoyed by cooperatives in the country, Agricultural Sector Alliance of the Philippines (AGAP) party-list Rep. Rico Geron said on Monday.

By: Marc Jayson Cayabyab, INQINQUIRER.net, May 22, 2017 Update Bayan Muna Rep. Carlos Zarate withdrew his co-authorship of the government tax reform package bill that seeks to expand the value added tax (VAT) base and impose oil excise taxes despite lowering the personal income tax.

“There will be no quantum leap in our ability to ‘up-skill’ people” by Danielle Paquette, Washington Post, May 22, 2017 Nearly a third of business leaders and technology analysts express “no confidence” that education and job training in the United States will evolve rapidly enough to match the next decade’s labor market demands, a new…

By Rey Galupo (The Philippine Star), May 22, 2017 MANILA, Philippines – A 57-year-old street sweeper reportedly died of heat stroke in Sta. Cruz, Manila on Saturday afternoon. Mario Velasco complained of shortness of breath while doing his job at the corner of Oroquieta street and Doroteo Road at around 4 p.m., according to the…

INQUIRER.net, May 22, 2017 The Senate on Monday approved a bill that encourages “work from home” arrangements in a bid to ease traffic in Metro Manila and other urban areas.

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THE DIPLOMAT MAY 22, 2017 Never mind U.S. President Donald Trump: the Trans-Pacific Partnership’s remaining 11 members have vowed unity and pledged to press for a new pact by November. However, Trump has his own plans for bilateral Asian trade deals that “put America first.”

by Stewart Wallis, Apr 19, 2016 GDP is like a speedometer: it tells you whether your economy is going faster or slower. As in cars, a speedometer is useful but doesn’t tell you everything you want to know. For example, it won’t tell you whether you are overheating, or about to run out of fuel.

Lex Talionis (law of retaliation) seems to be living up to its Latin meaning, as its members have taken over important government posts with a vengeance By: Fe Zamora, Philippine Daily Inquirer, May 21, 2017

INQUIRER.net / 10:40 AM May 19, 2017 A 30-year-old overseas Filipino worker (OFW) fell to her tragic death while cleaning the windows in her apartment in Hong Kong Wednesday night.

By: Ben O. de Vera, Philippine Daily Inquirer, May 19, 2017 The first-quarter GDP growth was next to China’s 6.9 percent and surpassed the rate of growth in most of the emerging Asian economies, Socioeconomic Planning Secretary Ernesto M. Pernia said in a press conference.

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The word stress generated from Hans Selye. He defined it as an unexpected and unpredicted response of the brain and body to change. Stress is a self-produced pain occurring in thoughts. It varies in different situations and environments.

by Bradley Elliott, May 17, 2017 There have been some noteworthy examples of successful human ageing in the press recently. It was announced that Prince Phillip will be retiring from royal duties in the autumn, at the age of 96. A couple of days later we heard the sad news that 85-year-old Min Bahadur Sharchan…

Las Vegas to lose 65 percent of jobs to automation by 2025, says study Based on a 2013 study conducted by Oxford University researchers, this new report is a bleak reminder of how vulnerable low-skilled jobs in the US are to automation.

By Alison DeNisco, May 17, 2017 As cloud computing, Internet of Things (IoT), and artificial intelligence (AI) gain prominence in the enterprise, tech and business leaders alike must reconsider risk management plans and how they impact business objectives, according to French Caldwell, a former White House cybersecurity advisor, former Gartner fellow and vice president, and…

by Matt Mauney, May 17, 2017 The fight to impose tough trade restrictions on chrysotile asbestos — a toxic mineral that causes mesothelioma cancer and other serious health conditions — will have to wait at least another two years.

Kasambahay minimum wages, for 52 months and counting, in the largest destination of kasambahays in the Philippines has remained at P2,500 per month. In contrast, 11 other regions have already issued their adjusting Wage Orders, with a number of regions having minimum wages higher than in Metro Manila. Dapat nga, this Regional Board should be…

by Ian Nicolas P. Cigaral, Elijah Joseph C. Tubayan, Businessworld, May 16, 2017 CABINET officials rejected claims that Chinese funding for infrastructure will burden the economy with too much debt, saying that tax reform will help the Philippines raise the bulk of the needed funds internally.

By Pia Lee-Brago (The Philippine Star), May 16, 2017 MANILA, Philippines – Despite President Duterte’s series of expletives against the regional grouping, the European Union was the largest destination of exports from the Philippines with $901 million in March this year, latest data the Philippine Statistics Authority (PSA) showed.

The worsening conditions at offshore call centers has become a central part of AT&T workers’ fight for workplace justice. By Michelle Chen, MAY 16, 2017 The call center seems like the workplace of the future, the cubicled office job that brings modern development to anywhere with a phone connection, from Boston to Bangalore. But throughout…

Stephen Hawking: This will be the impact of automation and AI on jobs by Rob Price, Dec 6, 2016 Artificial intelligence and increasing automation is going to decimate middle-class jobs, worsening inequality and risking significant political upheaval, Stephen Hawking has warned.

By Lawrence Agcaoili (The Philippine Star), May 16, 2017 MANILA, Philippines – Remittances from overseas Filipinos reached their highest monthly level in March due to strong demand for skilled Filipino workers abroad, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

by Allison Linn, May 15, 2017, http://www.today.com/money/millennials-lazy-entitled-or-maybe-just-young-2D79664367 As the latest crop of millennials collect their diplomas and head into the workforce, they’ll be facing a host of stereotypes: That they are entitled, or lazy and/or lack a strong work ethic. Join the club.

Philippine Daily Inquirer, May 13, 2017 Authorities have rescued four girls and arrested a mother and two other women for allegedly livestreaming sexually exploitative videos of children to men paying by the minute to watch from the United States.