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Unemployment benefits in the Philippines. Unemployment benefits in the Philippines are payments made by the government to unemployed people. The unemployment benefits provided by the Philippine government is sourced either from the country's Social Security System (SSS) or the Government Service Insurance System (GSIS).
The Department of Labor & Employment (DOLE) was founded on December 8, 1933, via Act No. 4121 by the Philippine Legislature. It was renamed as Ministry of Labor and Employment in 1978. The agency was renamed as a department after the People Power Revolution in 1986. [4]
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The Labor policy in the Philippines is specified mainly by the country's Labor Code of the Philippines and through other labor laws. They cover 38 million Filipinos who belong to the labor force and to some extent, as well as overseas workers. They aim to address Filipino workers’ legal rights and their limitations with regard to the hiring ...
The U.S. Department of Labor reported that U.S. employers added 142,000 jobs in August, missing economists' expectations, while the unemployment rate ticked down slightly to 4.2%.
This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by ...
The S&P 500 down 1.8%, this after we got a March unemployment report that showed a loss of 701,000 jobs and an unemployment rate at 4.4%. This follows yesterday's weekly jobless claims number that ...
In late 2007, it was the technical start of the recession, though the annual average unemployment figures were at 4.6%, Sweet said. He added that the recession technically ended in June 2009 but ...