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According to the latest SWS survey, the number of jobless Filipinos increases up
by 300,000. The SWS, which interviewed 1,200 Filipinos aged 18 years and above,
defines joblessness based on two factors: having no job at the present and looking for a
job. This definition excludes housewives, retirees, students and persons without
disabilities who are not seeking employment. Of those who said they were jobless, two
percent said they were laid off, six percent had contracts that were not renewed, one
percent terminated because their company closed, 13 percent voluntarily left and four
Solution:
As the number of jobless increases, the government should also increase the
Transparency is a sign of good governance. And good governance can attract more
foreign investors here in the Philippines. This will make way in creating new jobs that
many jobless Filipinos will surely benefit. And when many Filipinos can get a job, it will
surely reflect in our employment rate that will also help for our economic growth.
Economic Issue: Inflation
Because of low demand and stable supply, the price of fuel decreases. Many oil
companies like Petron decrease their prices for these five straight weeks. Including the
price movements this week, the year-to-date total adjustments stand at a net decrease
of P2.95 per liter for diesel and about P2.35 per liter for gasoline. Asian market reports
said global crude prices fell over the past week amid sufficient oil exports from Ukraine
and the Middle East despite political and sectarian tensions. The recent downtrend in
fuel prices in general may also indicate weaker demand for crude, which tends to follow
Solution:
As it has good effect on many Filipinos, much more to the drivers of vehicles, it is
a good sign of price stability. It only goes back to its original price. We are sure that as
the price of the fuel goes down, the fair in public utility vehicles will also decrease, that
is an advantage for the passengers. But for the companies, if the price decreases even
low, they are in the disadvantage. So if that happen, the government must implement
Current Situation: 14,000 teachers from state schools to benefit from P1.3-B proposed
budget
Teachers from state schools could benefit from P1.3-B proposed budget. In a
press conference, Pasig City Rep. Roman Romulo said this is the first time since 2010
that the DBM set aside a budget for the salary upgrades especially as some SUCs only
funded salary upgrades through their own savings. Romulo said this is in implementing
the DBMs June 1998 National Budget Circular that seeks to prescribe rules and
Solution:
As they will increase the salaries of the teachers, it may create employment.
Many jobless will get a degree in education and want to be a teacher. It may create
many possibilities. But for now, we are sure that many teachers will benefit from this