The Social Security System (SSS) reiterates that the deadline for compliance to the Annual Confirmation of Pensioners' Program or ACOP is on March 31, 2022.
DESPITE the recent economic gains notched by the Philippines following the easing of mobility restrictions, the country still needs to create more jobs for the unemployment rate to return to prepandemic levels, according to the Philippine Statistics Authority (PSA). In a briefing on Thursday, National Statistician Claire Dennis S. Mapa…
MANILA - The country's net employment creation in December 2021 signals that the economy is on the right track to recovery, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported Thursday that unemployment slightly increased to 6.6 percent in December 2021 from 6.5 percent in November 2021. However, this was more than offset by the larger increase in the labor force participation rate, which improved to 65.1 percent from 64.2 percent. This meant that around 800,000 more people were able to find work as mobility restrictions were relaxed in December. This brings net employment creation to 3.7 million above pre-pandemic levels. The underemployment rate also declined to 14.7 percent in December compared to 16.7 percent in November, as the quality of jobs further improved. "By accelerating the vaccination program and safely reopening more sectors of the economy, we were able to generate more and better jobs for the people. We look
CEBU CITY – The province of Cebu is easing up its restrictions for all travellers starting February 1. Cebu Governor Gwendolyn Garcia ordered that all international arriving Filipinos and foreign nationals will be allowed to enter Cebu as long as they are fully vaccinated and have been tested negat