Tag: Jobs Data

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Jobless rate up in Nov, improves from Oct

Unemployment rate rose year-on-year in November 2025 but fell from October, as the labor market gained momentum ahead of the Christmas season, the Philippine Statistics Authroity reported on Wednesday.

Jobless rate hits 3-year high 5.3% in July amid storms

The country’s unemployment rate rose to 5.3 percent in July 2025, the highest level since August 2022, despite a shrinking labor force—weighed down largely by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported Wednesday.

Wall Street advances on hopes Fed will cut rates

U.S. stocks rallied Monday as weak jobs data bolstered expectations that the Federal Reserve could begin cutting interest rates in the coming months.

T-Bill yields mixed as slew of data loom

Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

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EcoSolar’s 22.5MW Capiz battery storage facility starts testing, to boost Visayas power supply

Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.

GSIS sets aside ₱2.75-B emergency loans for 109K members, pensioners in calamity zones

The Government Service Insurance System (GSIS) has allocated ₱2.75 billion in emergency lending to assist over 109,000 active members and old-age and disability pensioners living in areas hit by crop pest infestations, rising dengue infections, and the El Niño dry spell.

Marcos expands LIMA ecozone for new industrial investments

President Ferdinand Marcos Jr. has approved the addition of nearly eight hectares to the LIMA Technology Center in Batangas, expanding industrial space for new factories and existing companies looking to increase capacity.

Apex Mining net income rises 40% to ₱7.61 billion in first nine months

Apex Mining Co. Inc. reported a 40 percent rise in its consolidated net income for the first nine months of 2026, reaching ₱7.61 billion from the ₱5.45 billion posted in the same period last year, the company announced Tuesday.

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