Inflation accelerates to 3-year-high in April at 4.9%

Inflation accelerates to 3-year-high in April at 4.9%

The Philippine Statistics Authority (PSA) reported an inflation rate of 4.9 percent for April 2022, a three-year high, as the country saw numerous spikes in food and energy prices amid the Russia-Ukraine war.The PSA said the April inflation rate was the highest since...
Unemployment in PH slightly dips in Q4 of 2021—SWS

Unemployment in PH slightly dips in Q4 of 2021—SWS

Eleven million Filipinos were jobless in the last quarter of 2021, results of a Social Weather Stations (SWS) poll released on Thursday showed.The survey, conducted from Dec. 12-16, 2021, found adult joblessness at 24.7 percent of the adult labor force.The number was...
Former BSP exec warns of possible PH bankruptcy

Former BSP exec warns of possible PH bankruptcy

Former Bangko Sentral ng Pilipinas deputy governor Diwa Guinigundo | Screengrab from Bangko Sentral ng Pilipinas Facebook page. A former high ranking executive of the Bangko Sentral ng Pilipinas (BSP)  warns that whoever wins the presidency this coming election will...
Unemployment in PH slightly dips in Q4 of 2021—SWS

PSA: PH’s January 2022 unemployment rate slightly drops

FILE PHOTO The Philippine Statistics Authority (PSA) on Friday reported that 2.93 million or 6.4 percent of Filipinos were unemployed as of January 2022.The December 2021 jobless rate was 6.6 percent. The decrease was equivalent to about 340,000 Filipinos.The January...