Quantcast
Home » “jobless growth’’ You are browsing entries tagged with ““jobless growth’’”

Speeding growth, slowing jobs

By

“PHILIPPINE ECONOMIC growth likely slowed in Q3,” blared a news headline about a forecast attributed to a large investment bank, just a few days before the official data came out—announcing the exact opposite. It can be hazardous indeed to make fearless forecasts on the economy, especially when released shortly before official data are due to come out. But then again, most financial institutions had actually predicted a slower third quarter, only to be proven wrong with the third-quarter data showing a surprising 7.1-percent surge instead. This is well beyond what was already considered a surprising 6.4-percent growth posted in the first quarter. Economics has never been a precise science, and not even the most sophisticated mathematical or statistical tools can help when there simply are too many unknowns in the equation.

Posted: December 3rd, 2012 in Columnists,Columns,Inquirer Opinion | Read More »

Advertisement

News

  • DOH, Philhealth to let poor patients avail of free cataract surgery
  • Ex-nuisance presidential bet tagged in NAIA-3 bomb try
  • Soldier killed, another hurt in clash with NPA in Davao Occidental town—report
  • 2 slain in Laguna shootout
  • Activist archbishop not surprised by junking of impeach raps vs Aquino
  • Sports

  • Home court advantage
  • Malacañang says Aquino looking forward to Gilas Pilipinas ‘excellent games’
  • Gabe Norwood puts on show in Fiba World Cup
  • Practicing for Japan
  • Football fan fined after ‘bending it like Beckham’
  • Lifestyle

  • Roll up the mags
  • Dethroned Myanmar beauty queen blasts pageant boss
  • Online petition asks PUVs to reserve seats for the less abled
  • Fila Ducati partners with local motorcycle club to fete distributor
  • National immunization drive vs measles-rubella, polio launched
  • Entertainment

  • Milo Sogueco’s ‘Mariquina,’ other Filipino indie films to be shown in Busan
  • Versatile Viggo Mortensen speaks French in ‘Far From Men’
  • Escudero says no wedding date, venue yet
  • PH film ‘Rekorder’ wins in South Korea
  • Eraserheads in mini reunion
  • Business

  • Asia shares mostly up, dollar approaches 105 yen
  • Oil firms hike pump prices of fuel
  • Dollar, euro surge against yen in Asian trading
  • SM Prime raises P20B from retail bond issue
  • DoubleDragon takes over Skysuites property in QC
  • Technology

  • ALS Ice Bucket Challenge arrives in North Korea
  • ‘Internet fasting’—returning to the real world
  • PH ranks 8th in Ice Bucket Challenge participation
  • Google tests using drones to deliver goods
  • DigiTech conference, Best of Anime to keep September busy
  • Opinion

  • Not worth the brag
  • ‘Hilaw’
  • Transition curve?
  • Should he inhibit?
  • Pitching in for inclusive growth
  • Global Nation

  • Undof commander Singha’s order of surrender unacceptable, AFP Chief says
  • PCG men in Balintang shooting plead not guilty
  • After ‘great escape’ in Syria, PH commander escapes from Undof chief
  • Trial of PCG men for fatal shooting of Taiwan fisher starts
  • New Solcom chief calls for probe of UN commander
  • Marketplace
    Advertisement