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Now is the time

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Our updated unemployment and underemployment statistics released last week, while not markedly different from recent periods, produced quite a stir. I think this is because the figures came on the heels of the report on our very impressive 7.2 percent GDP growth for all of 2013, the second highest in Asia. With a combined unemployment and underemployment rate of 26.4 percent for 2013 based on official government figures, the question that should be uppermost in the minds of our national leaders is: What more do we need to do to create the jobs that will address this critical problem?

Posted: February 22nd, 2014 in Columns,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Joblessness versus idleness

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“Joblessness.” Last Monday, Social Weather Stations reported (BusinessWorld, 10/7/2013) that joblessness was 26.1 percent of adults in its survey of June 28-30, 2013. The basic SWS jobless figure is for those who say they have no job at the time of the survey (“walang trabaho sa kasalukuyan“), and who are looking for a job. The basic SWS jobless percentage in the previous quarter was 25.4 in March 2013.

Posted: October 11th, 2013 in Columnists,Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Joblessness and underemployment

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This week (2/18/2013), Social Weather Stations reported that adult joblessness was 24.6 percent in its survey for the fourth quarter, done on Dec. 8-11, 2012. It was the lowest joblessness rate of 2012, having been 29.4 percent in August, 26.6 percent in May, and 34.4 percent in March.

Posted: February 22nd, 2013 in Columnists,Columns,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

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