9+ hour, 32+ min ago  (361+ words) MANILA, Philippines " The number of unemployed Filipinos rose to 2. 50 million in May, with the unemployment rate slightly increasing to 4. 8%, the Philippine Statistics Authority said on Wednesday, July 8. The unemployment rate is higher than the 3. 9% recorded in the same period last…...

3+ week, 3+ day ago  (360+ words) MANILA, Philippines " Remittances may rise by seven percent by 2040 if measures are put in place to expand access to overseas employment opportunities, according to the World Bank. In a report titled "Building the Filipino Class: Toward Resilient Futures and Poverty…...

3+ mon, 2+ week ago  (621+ words) MANILA, Philippines " The Department of Economy, Planning, and Development (DEPDev) on Tuesday, March 24, outlined several scenarios in the Philippines if fuel prices remain on an uptrend, with the worst-case scenario predicting heightened inflation that could drive up unemployment and poverty…...

3+ mon, 3+ week ago  (312+ words) MANILA, Philippines " The country's current account deficit narrowed in 2025 as stronger exports, record remittances from overseas Filipinos and resilient services receipts helped cushion the country's external position despite global economic uncertainties. Data from the Bangko Sentral ng Pilipinas (BSP) showed…...

5+ mon, 3+ week ago  (452+ words) MANILA, Philippines " Unemployment and lack of social protection against economic shocks are seen as the biggest threats to the Philippines in the next two years, according to a World Economic Forum (WEF) report. The Global Risks Report 2026 released by the…...