Saturday, September 23, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News National

Salceda sees recovery in terms of jobs, prices

Rio N. ArajabyRio N. Araja
January 9, 2022, 10:50 pm
in National, News
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

Albay Rep. Joey Salceda on Sunday said jobs have recovered, and that prices have stabilized when the economy has opened in the past months.

“The jobs and prices reports reflect what we have already observed for the past several months: When the economy is able to operate at a higher capacity, jobs are created and prices stabilize. If we want jobs to return and the price situation to improve, we have to do what we can to keep the economy open,” he said.

“Although in my view, actual job creation remains fluid, the most significant number in the November 2021 survey is that more people have decided to take part in the labor force than at any other time in 2021. That is a positive sign of the growing confidence and the growing need of our workers to rejoin work,” he added.

The national joblessness rate is also down to 6.5 percent from 7.4 percent last month, he noted.

The October to November period saw an increase in jobs by 1.651 million.

“I would attribute some seasonality to this, and predict that, if the Omicron variant causes an overreaction and as the Christmas season effects fade, we may see unemployment return to 7.0 percent by January 2021,” he said.

“Jobs are being created, but they are not yet very durable jobs. We will only see more concrete jobs recovery once the COVID overhang is resolved and people are no longer speculating whether more stringent restrictions will be implemented in the future,” he cited.

According to Salceda, House committee on ways and means chair, since more people are seeking work, more people would also be unable to find enough work.

Such is the underlying reason for higher underemployment, he stressed.

On prices, the fourth quarter of 2021 is also the most open the economy ever was during the year, while inflation is also the slowest in December than at any other time in 2021, he said.

 Among his recommendations for job recovery and price stabilization are for the government not to overreact to Omicron, and that the main determinant of response must not be raw number of cases, but the capacity of our healthcare system to treat patients; the nautical routes between the Visayas and Mindanao must be restored to full capacity as soon as possible; for their restoration to help stabilize the prices of basic commodities and the flow of basic goods remains unhampered.

Tags: jobspricesRep. Joey Salceda
ADVERTISEMENT
Rio N. Araja

Rio N. Araja

Related Posts

Malaysia to boost collaboration with PH on halal, digitalization

byManila Standard
September 23, 2023, 2:40 pm
0
8
Malaysia to boost collaboration with PH on halal, digitalization

Malaysia is expecting enhanced engagements with the Philippines as it renewed its commitment to do its part in developing cooperations...

Read more

PH, US, Japan boost security cooperation in Indo-Pacific

byJimbo Gulle
September 23, 2023, 2:34 pm
0
8
QC expands free testing program for COVID-19

The Philippines, the United States, and Japan will craft a “work plan” that would advance their trilateral cooperation, the Department...

Read more

PBMM: Bagong Pinas Serbisyo Fair to bring new hope, beginnings

byJimbo Gulle
September 23, 2023, 2:31 pm
0
8
Most APEC leaders condemn Russia’s invasion of Ukraine

The simultaneous launch of the Bagong Pilipinas Serbisyo Fair in various parts of the country will give Filipinos “new hope...

Read more

DOST to conduct HANDA Pilipinas DRRM expo in Cagayan de Oro

byManila Standard
September 23, 2023, 2:27 pm
0
8
DOST to conduct HANDA Pilipinas DRRM expo in Cagayan de Oro

The Department of Science and Technology is set to conduct HANDA Pilipinas: Innovations in Disaster Risk Reduction and Management (DRRM)...

Read more

Cops arrest 2 drug suspects in Muntinlupa, seize P3.5-M in shabu

byJoel E. Zurbano
September 23, 2023, 2:20 pm
0
8
QC expands free testing program for COVID-19

The continuing police crackdown on illegal drugs in southern Metro Manila yielded significant results Friday night with the arrest of...

Read more

Kamala Harris tasked with new role fighting US gun violence

byAFP
September 23, 2023, 12:00 pm
0
8
Kamala Harris leads high-level US team to meet new UAE leader

US Vice President Kamala Harris took on a new role Friday fighting gun violence, a job likely to give her...

Read more

Print Edition

View More

Recent Posts

  • First Zambales hybrid workspace opens
  • Angeles products go to Japan
  • Didal confident of retaining Asiad skateboarding gold medal
  • Medical mission continues in General Trias
  • Tokyo silver medalist Petecio draws top-seeded Chinese in 1st assignment
  • Taekwondo’s Perez, Ninola eye PH’s first medals in Asian Games
  • Cavite’s Bear Museum stirs happy thoughts
  • NU opens Shakey’s Super League campaign with win

Advertisement

Latest News

Taekwondo’s Perez, Ninola eye PH’s first medals in Asian Games

byManila Standard Sports
September 23, 2023, 7:51 pm
0
8
PSC hosts sendoff for 500-plus athletes bound for Hangzhou

HANGZHOU—If fortunate enough, taekwondo could be the first team from Team Philippine to deliver a medal in the 19th Asian...

Read more

Cavite’s Bear Museum stirs happy thoughts

byOthel V. Campos
September 23, 2023, 7:50 pm
0
8
Philippines’ top truck brand beefs up presence in Cavite

There’s no other place in the Philippines to experience larger-than-life teddy bears than in the first and only Bear Museum...

Read more

NU opens Shakey’s Super League campaign with win

byManila Standard Sports
September 23, 2023, 7:49 pm
0
8
NU opens Shakey’s Super League campaign with win

NU's Ara Ella Panique smashes one in. ROMAN PROSPERO National University jumpstarted its title defense bid in flying colors, drubbing...

Read more

Healthcare company recognized for patient-centered and employee development programs

byManila Standard
September 23, 2023, 7:40 pm
0
8
Philippines’ top truck brand beefs up presence in Cavite

Takeda Philippines Healthcare, In. (Takeda), a leading pharmaceutical company committed to create better health for people and a brighter future...

Read more

Wellness retail brand commits to annual coastal clean-up

byManila Standard
September 23, 2023, 7:30 pm
0
8
Philippines’ top truck brand beefs up presence in Cavite

Watsons Philippines, the leading brand in health, wellness, and beauty retail, partnered with the SM Group for the International Coastal...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App