President Marcos on Wednesday said that the Philippine unemployment rate fell to its lowest level in two decades, attributing the improvement to strong investor inflows and job creation initiatives across the country.
Employment in the country improved, with 48.49 million people employed in January 2025, an increase from 45.90 million in January 2024. The employment rate stood at 95.7 percent, slightly higher than the 95.5 percent recorded a year prior.
The country’s largest business group has expressed concern over the House of Representatives’ approval of a P200 daily minimum wage hike, urging Congress to leave wage adjustments to the Regional Wage Boards instead of implementing a national mandate.
The Business and Employment Recovery Program-Subprogram 2 focuses on equipping Filipino workers, particularly vulnerable youth and women, with skills that align with evolving industry demands.
The Philippine government is prioritizing reskilling workers in the energy and transport sectors, whose jobs are at risk due to the country’s transition to a net-zero economy, the Department of Environment and Natural Resources (DENR) said on Wednesday.
The Regional Tripartite Wages and Productivity Board for the National Capital Region (NCR) has approved a 5.7% increase in the minimum wage, benefiting an estimated 2.7 million workers, the Labor Department announced Monday afternoon.
In a move aimed at enhancing the job prospects of technical vocational education and training (TVET) graduates, Southeast Asian career platform Bossjob has forged an alliance with the Technical Education and Skills Development Authority-National Capital Region (TESDA-NCR).