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May 11 – Irha Mel Alfeche of Matanao, Davao del Sur is crowned Miss Philippines Earth 2024 in the pageant's coronation event held in Talakag, Bukidnon. [424] May 22: Chelsea Manalo of Bulacan is crowned Miss Universe Philippines 2024 in the pageant's coronation night held at the SM Mall of Asia Arena in Pasay. [425]
Last year was catastrophic for employees in some industries. Companies planned 721,677 job cuts, a 98% leap from 2022, according to a report from professional outplacement firm Challenger, Gray &...
By almost any measure, the U.S. job market is humming along in high gear and has been for quite a while. The unemployment rate has hovered below 4% for nearly two years, according to U.S. Labor...
That is to say, the layoffs reported in the news may just reflect an ongoing phenomenon in the economy. The 1.6 million layoffs represent just 1.0% of total employment. This layoff rate has ranged ...
Towards the end of 2023 and continuing into 2024, the video game industry saw a large number of layoffs, with over 10,000 jobs lost in 2023 and at least 8,000 in 2024 by February 2024. While other factors contributed to the layoffs, such as previous acquisitions and mergers that came after 2021, the return to normalcy after COVID changed the ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
The economy on average added a robust 400,000 net new jobs a month in 2022. And hiring was even stronger at the start of 2023, with employers across a broad spectrum of industries fattening their ...
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."