Employment – Local

MANILA, Philippines – Many Filipino jobseekers are now opting to “underskill” themselves just to get employed, the Department of Labor and Employment (DOLE) said yesterday.

MANILA, Philippines – The Aquino administration has fallen short of its employment generation target of a million per year, while its public spending ratio continued to slide.

The number of unemployed will continue to increase this year if growth will not exceed seven percent according to Edgardo Lacson, president of the Employers Confederation of the Philippines (ECOP).

Apprenticeships have been around for centuries but they are now getting a lot of fresh attention as the world struggles to defuse the potentially explosive youth employment crisis. GENEVA (ILO News) – Determined to avert the rise of a lost generation, the world is increasingly looking to apprenticeships as a silver bullet against the global…

NO LINK SEEN BETWEEN GROWTH, POVERTY REDUCTION The local economy may be growing but not enough jobs are being created “to link economic growth to poverty reduction,” the Asian Development Bank (ADB) said in a report released yesterday.

MANILA, Philippines – More poor but deserving students have found temporary employment and earned money to pay for their education, the Department of Labor and Employment (DOLE) reported yesterday. Labor Secretary Rosalinda Baldoz said a total of 137,833 poor students were hired in various public and government companies in the first eight months of the…

Jobs in developing countries such as the Philippines is a cornerstone of development and critical for reducing poverty, making cities work, and providing youth with alternatives to violence, a new World Bank report said on Tuesday.

It’s been months since I left the University of the Philippines. With my departure, I brought with me the promises of a successful career, a head-turning university name, and a contract-worthy Latin honor. But then again, these are just promises—words and phrases that walk on stilts on shaky hanging bridges. Through all my years in…

MANILA, Philippines – Some of the country’s best-known employers look forward to hiring more people in the final three months of the year, particularly the various service companies that include banks and financial institutions, as well as hotels and restaurants, among others.

BSP cites positive employment outlook index MANILA, Philippines—Enterprises in the country are in the mood to hire more workers, with the “employment outlook index” for the fourth quarter hitting the highest on record following a generally upbeat sentiment on the Philippine economy.

The government is being urged to spend more on education and skills training, and to keep granting conditional cash transfers to the poor in the run-up to 2015 to ensure the Philippines reap the economic benefits of its entry to the so-called “demographic window.”

One third of the Philippines population live in poverty, and thousands head out every day to work abroad. The ILO is promoting entrepreneurship as an alternative to hard-to-get wage jobs and migration. SIBAGAT, Philippines (ILO News) – Jayson Canete wanted to pursue a degree in engineering after he graduated from high school, but he had…

The President’s formula might be working, but his allies in the Senate say the results are not enough. Sen. Ralph Recto said the credit rating upgrade givenby the international rating agency Standard & Poor (S&P)’s to the country poses a challenge for the Aquino administration to create needed jobs and increase the size of the…

MANILA, Philippines – More people are now working part-time and they seem contented not having a full-time job. Labor Secretary Rosalinda Baldoz said results of the April 2012 Labor Force Survey (LFS) indicated a rise in part-time employment and a decline in full-time employment nationwide.

THE head of the International Labor Organization (ILO) urged economies to redefine their priorities that focus too much on financial policies but lack sensitivity to human needs in getting jobs and lifting themselves out of poverty.

We are about to celebrate our Independence Day once again. But there are millions of Filipinos who are jobless, homeless and hopeless. Are these poor people really free? What do they care about political issues like the sovereignty of the Republic, if there is no assurance of food for their family today? What matters most…

Employment will rise in the Philippines as a result of investors being drawn to his administration’s adherence to good government, President Aquino said on Thursday.

THE Trade Union Congress of the Philippines has hailed Solaire Manila, the world-class fully-integrated resort and gaming complex in Paranaque City, citing the more than 4,600 new jobs the project will create.

VIEWED HISTORICALLY, the recent performance of the Philippine economy has actually been reassuring: Favorable trends include a declining public debt and fiscal deficit, recurring current account surpluses, low inflation, a healthy banking sector, and recent and forthcoming credit rating upgrades. Throughout the latest global economic shocks, remittances from oversees Filipino workers and revenues from the…

MANILA, Philippines – Here’s good news for fresh graduates and young professionals: almost all local job vacancies in the country this year are for the youth. About 2.7 million job openings are available for 2012, according to Internet recruitment site JobStreet.com.

To hecklers who claim he is just “Noynoying” in his job, President Benigno Aquino III has one answer: the economy is on the right track and “many things” have happened in the country since he took over the presidency 21 months ago.

MANILA, Philippines — The National Economic and Development Authority (NEDA) has stressed that the quality of employment in January 2012 improved due to the expansion of remunerative wage and salary employment as well as the rebound of full-time employment growth.

Following the release of the results of the January 2012 round of the Labor Force Survey (LFS) by the National Statistics Office (NSO), the National Economic and Development Authority (Neda) said the quality of employment in the same period improved due to the expansion of remunerative wage and salary employment as well as the rebound…

Four of ten fresh graduates and young jobseekers who apply for vacancies are not hired because they lack three key qualities—critical thinking, initiative and effective communication skills—which the People Management Association of the Philippines (PMAP) informed hundreds at a job fair in a mall in Makati on Friday.

The improved performance of the labor market in 2011 bolsters the optimism for a better economy this year, according to Socioeconomic Planning Secretary Cayetano Paderanga Jr. “Last year, the country generated more employment from the previous year. Employment level rose by 3.2 percent or 1.156 million, largely on the strength of the continued growth in…

Socioeconomic Planning Secretary Cayetano W. Paderanga Jr. on Thursday said the labor sector’s upbeat performance last year helped boost the economic outlook for 2012. “The improved performance of the labor market in 2011 bolsters the optimism for a better economy this year,” National Economic and Development Authority (NEDA) director-general said in a statement.

MANILA, Philippines – Socioeconomic Planning Secretary Cayetano W. Paderanga, Jr. said more jobs are needed in the formal sector in spite of improved labor figures last year, a statement released Thursday by the National Economic and Development Authority (NEDA) noted.

MANILA, Philippines – The Department of Labor and Employment (DOLE), in a bid to resolve the country’s high unemployment rate, is now encouraging graduating students to get into farming and other agriculture-related courses.

MANILA, Philippines – Sen. Ralph Recto over the weekend urged the administration to address the growing unemployment in the country.

FINANCIAL analysts are in demand, with financial analysis one of the occupations in the financial services sector to have the highest potential of absorbing the most number of workers in the next five to 10 years with high premium salaries, the Department of Labor and Employment said.