NTUC Blog

By Melissa Luz Lopez, CNN Philippines, 18 Aug 2020 Metro Manila (CNN Philippines, August 18) — Up to a million Filipino youth are at risk of going jobless this year due to the pandemic if lockdown rules stretch on, a joint report of the Asian Development Bank and the International Labour Organization said.

By JON VIKTOR D. CABUENAS,GMA News, 16 Aug 2020 Adult joblessness in the Philippines rose to a record-high of 45.5% in July with half of the unemployed saying they lost their jobs during the coronavirus pandemic, a recent poll of the Social Weather Stations (SWS) revealed.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 14 Aug 2020 MANILA, Philippines — Seventy-nine percent or four in five Filipinos have claimed that their lives worsened in the last 12 months, a recent Social Weather Stations (SWS) survey released Thursday has shown.

Read more here.

By Anna Leah E. Gonzales, Manila Times, 7 August 2020 The interagency Development Budget Coordination Committee (DBCC) on Thursday further trimmed its economic growth forecast for this year to -5.5 percent from its earlier -2 to -3.4-percent range to take into account the worsening impact of the coronavirus crisis on tourism, trade and remittances.

By: Cathrine Gonzales, INQINQUIRER.net, 5 Aug 2020 MANILA, Philippines — The country’s headline inflation “continued to exhibit a faster pace” as it picked up to 2.7 percent in July, the Philippine Statistics Authority (PSA) said Wednesday.

Read more here.

by Ben O. de Vera, Philippine Daily Inquirer, 3 Aug 2020 MANILA, Philippines — Remittances from Filipinos abroad are expected to drop by 20..2 percent this year amid a COVID-19 pandemic-induced global recession, putting households dependent on these cash transfers at risk of falling into poverty, the Asian Development Bank (ADB) said.

Read more here.

By Marlen V. Ronquillo, The Manila Times, 22 Jul 2020 ORGANIZED labor during the Marcos regime was structured along the three major ideologies: right, center and left. On the right of the ideological spectrum, and the first labor center to be formed in the country, was the Trade Union Congress of the Philippines or TUCP.…

by Mayen Jaymalin (The Philippine Star), 21 Jul 2020 MANILA, Philippines — The number of workers who suffered loss of income and employment nationwide due to the coronavirus disease 2019 (COVID-19) pandemic has exceeded three million, the Department of Labor and Employment (DOLE) reported.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 21 Jul 2020 MANILA, Philippines — At least one out of every five Filipinos have experienced involuntary hunger in the past three months, according to recent survey conducted by the Social Weather Stations (SWS), the results of which were released Tuesday.

By Ian Nicolas Cigaral(Philstar.com), 7 Jul 2020 MANILA, Philippines — There is no chance for economic growth this year, the Bangko Sentral ng Pilipinas (BSP) chief said on Tuesday.

(The Philippine Star), 3 Jul 2020 MANILA, Philippines — The executive branch yesterday stood its ground that the economic stimulus packages proposed by Congress – including the P1.3-trillion ARISE Philippines bill – cannot be funded in the absence of new revenue sources.

by Janvic Mateo (The Philippine Star), 28 Jun 2020 MANILA, Philippines — With less than a week before the end of the enrollment period for the upcoming school year, the Department of Education (DepEd) is still nearly 13 million short of its original target.

by Beatrice M. Laforga, BusinessWorld, 11 Jun 2020 THE Philippines could be among the worst-hit ASEAN economies with a projected contraction of 5% in 2020, second only to a projected decline of 6% for Singapore, Oxford Economics said.

(UPDATED) The Philippines’ unemployment rate for April surges to 17.7%, the highest ever on record, as the coronavirus pandemic wipes out jobs by Ralf Rivas, 5 Jun 2020 MANILA, Philippines (UPDATED) – Unemployment soared to 17.7% in April 2020, equivalent to around 7.3 million jobless Filipinos amid the coronavirus pandemic, the Philippine Statistics Authority (PSA)…

Workers were forced to walk or to hitch rides on trucks or, if they were lucky, in cars due to a lack of public transportation. Many were stranded. By: Jodee A. Agoncillo, Krixia Subingsubing, Meg Adonis, Philippine Daily Inquirer, 2 Jun 2020 MANILA, Philippines — They were raring to go back to work on Monday…

Read more here.

by Lawrence Agcaoili (The Philippine Star), 18 May 2020 MANILA, Philippines — The Philippines is facing a prolonged U or W-shaped recovery as the economy is expected to shrink by up to seven percent this year due to the coronavirus disease 2019 or COVID-19 pandemic, according to New York-based think tank Global Source Partners Inc.

By: Tony S. Bergonia, Philippine Daily Inquirer, 10 May 2020 The Philippines, along with much of the rest of the world, is experiencing unprecedented levels of heat and humidity that came decades earlier than scientists predicted these to be the new normal at the end of the century yet, according to a new science report.

By: Ben O. de Vera, Philippine Daily Inquirer, 8 May 2020 The Philippine economy contracted for the first time in more than two decades during the first quarter, but economists warned on Thursday that the worst was likely yet to come as the country reeled from the coronavirus pandemic.

By Melissa Luz Lopez, CNN Philippines, 7 May 2020 Metro Manila (CNN Philippines, May 7) – Nearly half of workers in the private sector lost their sources of income during the enhanced community quarantine that was imposed by the government to contain the spread of the deadly coronavirus.

By: April Lee-Tan, Philippine Daily Inquirer, 4 May 2020 The peso has always been vulnerable to past crises. During the Asian Financial Crisis in the late ‘90s, the peso depreciated to 56 from around 26 against the dollar. During the 2008 Global Financial Crisis, it weakened by around 14 percent.

Read more here.

By Elijah Felice Rosales, Businessmirror, 20 Apr 2020 MORE than 175,000 workers in economic zones are out of jobs for many weeks now, with some of them receiving zero pay under the ongoing lockdown, prompting industry groups to ask that the quarantine be lifted as scheduled on April 30.

Duterte gets powers to aid poor, health workers By: Leila B. Salaverria – Reporter / @LeilasINQ Philippine Daily Inquirer / 05:52 AM March 25, 2020 MANILA, Philippines — The new measure approved by Congress to deal with the coronavirus crisis would allow President Rodrigo Duterte to reallocate funds and resources to finance crucial programs during the national emergency and…

by Franco Luna (Philstar.com) – 17 Mar 2020 MANILA, Philippines — The Department of Labor and Employment on Tuesday said it would be rolling out a P180-million emergency employment program for workers affected by the newly-declared enhanced community quarantined, which would be used to pay for barangay works to disinfect communities.