by Teuvo Tuomi | Dec 29, 2024 | AI, Digitalization, Manila, News, Philippines, Society
Nearly four out of 10 jobs in the Philippines are “highly” exposed to artificial intelligence (AI) and its potential to either displace workers or support various tasks to boost the productivity of employees, the International Monetary Fund (IMF) reports. According to...
by Teuvo Tuomi | Sep 10, 2024 | News, Economy, Philippines, Society
In the Philippines, the unemployment rate surged to a one-year high of 4.7% last July as more young Filipinos joined the labor force but have yet to find a job, the Philippine Statistics Authority (PSA) reports. This jobless rate in the previous month was only 3.1%....
by Teuvo Tuomi | Aug 20, 2024 | Finland, Economy, News, Reports
Finland’s employment figures reveal underlying concerns, according to Jukka Appelqvist, Chief Economist at the Central Chamber of Commerce. Data released by Statistics Finland shows that both employment and unemployment numbers have risen compared to last July....
by Teuvo Tuomi | Feb 7, 2024 | Philippines, Economy, News
The number of unemployed Filipinos has hit another record low. There were 1.6 million jobless people in the Philippines in December 2023, down from 1.83 million in the preceding month, the Philippine Statistics Authority (PSA) reports. The official jobless rate is...
by Teuvo Tuomi | Jan 5, 2024 | Business, Economy, Indonesia, News
Despite some good news, Indonesia’s economy still took a hit from weaker global demand last year, leading to almost 300,000 workers being laid off in export-oriented industries. The Manpower Ministry recorded that almost 300,000 people were laid off from January to...
