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Sara leaves Davao as 8th richest city in PH

LAST SOCA.Davao City Mayor Sara Duterte-Carpio delivers her State of the City Address (SOCA) on Thursday (March 17, 2022) as she bids farewell to the Dabawenyos. She is the running-mate of presidential candidate Ferdinand Marcos Jr.(Screengrab) DAVAO CITY-Before leaving her office, Davao City Mayor Sara Duterte-Carpio on Thursday took pride in announcing the city has earned the eighth spot in the Commission of Audit's (COA) Top 10 Richest Cities in the Philippines as of December 2021. COA's 2020 Annual Financial Report, released in December 2021, showed that Davao City has accumulated total assets amounting to PHP23 billion above the cities of Caloocan and Zamboanga. Davao City made it to the list of Top 10 Richest Cities in terms of total assets in 2016, according to COA report, just when her father Rodrigo Duterte was elected to the highest executive position of the land and her taking over the mayoral seat. The report mentioned Davao City ranked ninth with PHP9.899 billion i

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TUPAD, other DOLE programs, exempted from Comelec ban

The labor department’s flagship program TUPAD will continue to be available to displaced and disadvantaged workers in the informal sector, including the youth, even throughout the election period, it was announced Wednesday. This after the Commission on Elections granted the request of Labor Secretary Silvestre Bello III for the exemption…

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Gov't targets to narrow unemployment rate near pre-Covid level

File photo MANILA - The government aims to bring down the unemployment rate close to pre-pandemic level of around 5 to 5.5 percent this year, Department of Trade and Industry (DTI) Secretary Ramon Lopez said Tuesday. In a virtual presser of the Presidential Communications Operations Office-Office of the Global Media and Public Affairs, Lopez said the unemployment rate slowed down to 6.5 percent last November from a peak of 17.6 percent in April 2020. "Our goal in 2022 is to further increase our job generation efforts to close down (the) unemployment rate nearer to pre-pandemic levels," he said. Last year, the Task Force Group on Economic Recovery-National Employment Recovery Strategy (TGER-NERS) was created to address job shedding across different industries due to adverse impact of coronavirus disease 2019 (Covid-19). From January to November 2021, the TGER-NERS contributed some 913,498 in job generation. Some 162,861 jobs were created through Department of Labor and Employm

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1.5 M jobs generated under work recovery strategy

The public and private sectors estimated they have generated at least 1.5 million new jobs in 2021 under the National Employment Recovery Strategy (NERS), an employment recovery plan of the government. 60077 Trade and Industry Secretary Ramon M. Lopez, who also chairs the NERS Task Force, report

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4.7M displaced workers benefit from aid programs: DOLE

(File photo) MANILA - As the coronavirus disease 2019 (Covid-19) andemic took a toll on economies and greatly displaced many industries and workers, the Department of Labor and Employment (DOLE) has achieved significant accomplishments in assisting local and overseas workers in coping with the challenges of the new normal. Citing the latest DOLE data released on Monday, Secretary Silvestre Bello IIII said the agency has further intensified the implementation of its three major social amelioration programs to help affected workers recover from the pandemic. Covid-19 response Bello said a total of PHP26.1 billion worth of social protection assistance under the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD), Covid-19 Adjustment Measures Program (CAMP), and Abot-Kamay ang Pagtulong (AKAP) benefitted 4.707 million distressed formal and informal workers, including overseas Filipino workers (OFWs). Under TUPAD, 1.993 million workers from the informal sector were hired

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