NTUC Blog

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Apr 27, 2018 Employers expect an increase in the cost of labor amid the government’s move to regularize more workers, officials in the private sector said.

by Ian Nicolas Cigaral (philstar.com), Apr 24, 2018 MANILA, Philippines — The country’s policymakers on Tuesday said they expect the Philippine peso to trade at a range of P50 to P53 against the dollar this year until 2022 amid the normalization path taken by the US Federal Reserve.

https://blogs.adb.org/blog/will-automation-create-jobs-or-destroy-them 19 April 2018 In an era of sweeping transformations, one of the most important has been the dramatic reduction in poverty in developing Asia. Since 1990, more than one billion people have escaped extreme poverty, and many of them now earn a decent wage.

https://news.un.org/en/story/2018/04/1007502 While the world economy continues to show broad-based momentum, a new report released Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.

By: Ben O. de Vera, INQ Inquirer Business, Apr 05, 2018 Consumer prices rose 4.3 percent in March or above the government’s 2-4 percent target range for 2018 on the back of a double-digit jump in prices of “sin” products last month.

by ABS-CBN News, Apr 02 2018 Walang kapangyarihan ang ehekutibong sangay ng gobyerno para tapusin ang kalakalan ng “endo” o “end of contract,” ayon mismo sa isang opisyal ng Palasyo.

by Malaya, Mar 26, 2018 THE Department of Labor and Employment (DOLE) yesterday rejected calls to criminalize employers’ failure to comply with occupational safety and health standards (OSHS).

by Daxim L. Lucas, Inquirer, Mar 23, 2018 Despite all the talk of increasing prices of goods and services — and the actual headline inflation rates having risen these above expectations these last two months — the central bank yesterday said it expects the situation to normalize by next year.

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Duterte gives up on banning ‘endo’: You can’t stop contractualization because oligarchs don’t want to Another campaign promise of President Rodrigo Duterte bits the dust. After nearly two months in office, Duterte admitted that snuffing out ‘endo’ or contractualization was easier said than done.

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by David Tuffley, Feb 18, 2018 We have all heard the dire predictions about robots coming to steal our jobs. Some would even have us believe these silicon bogeymen are coming to kill us. It plays straight into people’s darkest fears about technology.

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by Dharel Placido, ABS-CBN News, Feb 8, 2018 MANILA – President Rodrigo Duterte is seeking more time to issue an executive order (EO) on contractualization, Malacañang said Thursday, after the chief executive met with labor groups calling for an end to the practice called “endo,” short for end of contract.

By Ivana Kottasová, CNN Money, Jan 22, 2018 (CNN Money) — More than $8 of every $10 of wealth created last year went to the richest 1%. That’s according to a new report from Oxfam International, which estimates that the bottom 50% of the world’s population saw no increase in wealth.

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Economists and politicians are defining a vague label in the confusing age of Donald Trump, Bernie Sanders, Marine Le Pen, and Nicolas Maduro. By Peter Coy, Jan 9, 2018 “Populist” is a funny word. It sounds like a compliment—someone who respects the will of the people!—but it’s used as a put-down. The label has been…

by Patty Pasion, Rappler, Jan 3, 2017 MANILA, Philippines – The country’s fight against contractualization appears far from over, based on figures from the Philippine Statistics Authority (PSA).

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By Samuel Medenilla, Manila Bulletin, Dec 25, 2017 The Department of Labor and Employment (DOLE) has ordered fast-food giant Jollibee Foods Corporation (JFC) to regularize around 500 workers in its nine branches in MIMAROPA region.

By Tricia Aquino, News5 | InterAksyon | December 21, 2017 General Electric Co. has announced that it is cutting 12,000 jobs in its power business worldwide, Reuters reported on Thursday, citing continued dwindling demand for fossil fuel power plants as the reason behind the layoffs.

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By Karl Lester M Yap and Siegfrid Alegado, Dec 17, 2017 Fitch Ratings raised the Philippines’ sovereign rating by one level, providing an endorsement of President Rodrigo Duterte’s economic plans, which include a tax reform aimed at strengthening the fiscal outlook.

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The Department of Labor and Employment says 75,430 workers have already been regularized as of November 3 by Patty Pasion, Rappler, Nov 26, 2017 MANILA, Philippines – More than one-third of the 200,000 contractual workers estimated by regional offices of the Department of Labor and Employment (DOLE) have already been regularized.

By Samuel Medenilla, Manila Bulletin, Nov 16, 2017 The Department of Labor and Employment (DOLE) said Thursday it is winning the war against illegal forms of contractualization after it facilitated the regularization of more than 120,000 workers.

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