Employment rate in July 2019 at 94.6 percent

Fernando Fajardo 09/18/2019

Two weeks ago, the Philippine Statistics Authority (PSA) reported that the country’s employment rate in July 2019 was estimated at 94.6 percent or an unemployment rate of 5.4 percent. Three years earlier in 2016, when the present administration started, the…

The political economy of rice farming

Fernando Fajardo 09/11/2019

Rice, along with corn, is the main staple of the Filipinos. In average, a Filipino consumes about 100 kilos of rice a year. That would be about two kilos per week. An examination of the artifacts unearth…

The good conduct time allowance and heinous crime

Fernando Fajardo 09/04/2019

Most of us are not lawyers but given that most of our actions or inaction may transgress any of the existing laws in the country, it is just right for us to know a modicum of our…

What is Cebu proud of?

Fernando Fajardo 08/28/2019

When everything is said and done, development is all about giving everyone in our society the opportunity to work with enough income to meet not only the basic needs in life for food, clothing, shelter, education and…

Why the slowing GDP growth 

Fernando Fajardo 08/14/2019

The country’s Gross Domestic Product (GDP) grew by 5.5 percent in the second quarter of 2019, down from 6.5 percent in the same quarter of the previous year or from 5.6 percent in the first quarter of…

The consequence of devaluation  

Fernando Fajardo 08/07/2019

A couple of days ago, China allowed its currency, the yuan, to fall or to devalue against the US dollar beyond the 7 yuan to a dollar mark from around 6.9 weeks before. The Yuan reached its…

No vision, no strategy, aimless

Fernando Fajardo 07/31/2019

I was reading again yesterday Paul Kennedy’s 1993 book on Preparing for the 21st Century. My purpose was to see what was right or wrong in his predictions on which country will be the winner in the…

The state of Philippine poverty

Fernando Fajardo 07/24/2019

The most often used measure of development of any country is its gross domestic product (GDP) expressed in total or in per capita basis. The bigger is the size of its GDP or the higher the per…

SONA 2019: The Philippine Economy in figures

Fernando Fajardo 07/17/2019

For this Monday’s state of the nation address of the President, I endeavor to present in a table the macroeconomic performance of the Philippine economy beginning with the last year of the former president in 2016 up…

Are election promises made to be broken?

Fernando Fajardo 07/10/2019

Now that our newly elected local government executives in the country have already assumed their respective offices as provincial governors, city mayors, and municipal mayors, it is interesting to see how they think of projects that they…

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