Unemployment Rate In Philippines Decreases To 7.4 Percent In Oct

MANILA – Around 3.50 million Filipinos were out of work in Oct, down from the 4.25 million reported in Sept, according to the Philippine Statistics Authority (PSA) survey.

 

In an online briefing, PSA head, Dennis Mapa, said, the Oct unemployment rate, 7.4 percent, was the third lowest reported this year.

 

The lowest reported was in July, estimated at 6.9 percent, followed by 7.1 percent in Mar.

 

The unemployment rate was the highest in Sept, at 8.9 percent.

 

The country’s economic team said, the Oct labour force survey results “affirmed the soundness of the government’s push, to safely reopen the economy, restore employment, and manage the spread of the COVID-19.”

 

“As we relaxed restrictions, more people were able to work, while COVID-19 positivity, case fatality, and bed occupancy rates continued to improve,” said the team, comprised of Socioeconomic Planning Secretary, Karl Kendrick Chua, Finance Secretary, Carlos Dominguez, and Budget officer-in-charge, Tina Rose Marie Canda.

 

“Sustaining these gains will allow us to recover to the pre-pandemic level in early 2022, a year ahead of the government’s initial estimates,” the team added.

 

The team said, more people are employed now than in the months before the pandemic struck. “Employment creation remained positive as 234,000 more Filipinos were able to find work in the past month,” the ream said. It added that, this brings total employment to 1.3 million above pre-pandemic levels.

 

The team said, the government’s policies that further reopened the economy safely, such as, shifting to the alert level system and granular lockdowns from large-area and blanket quarantines and allowing more mobility for vaccinated individuals, led to better employment outcomes in Oct.

 

Source: NAM NEWS NETWORK

India’s COVID-19 Tally Rises To 34,648,383 With 6,822 New Infections

NEW DELHI– India’s COVID-19 tally rose to 34,648,383 today, as 6,822 new cases were registered, during the past 24 hours across the country, showed the federal health ministry’s latest data.

 

The number of daily cases is the lowest in 558 days.

 

Besides, as many as 220 deaths, due to the pandemic since yesterday morning, took the total death toll to 473,757.

 

There are still 95,014 active COVID-19 cases in the country, a fall of 3,402 during the past 24 hours. The number of active cases in the country is the lowest in 554 days.

 

A total of 34,079,612 people have recovered and been discharged from hospitals so far, out of which 10,004 were discharged during the past 24 hours.

 

 

Source: NAM NEWS NETWORK

Britain will consider diplomatic presence at Beijing Olympics – Raab

LONDON— Britain will in due course consider whether or not to impose a diplomatic boycott of the 2022 Winter Olympics in Beijing, Deputy Prime Minister Dominic Raab said on Tuesday.

 

U.S. government officials will boycott the Olympics in Beijing because of China’s human rights “atrocities”, the White House said on Monday. Beijing says Washington is plotting to disrupt the Games.

 

“I was asked whether I will go, I will not go and we’ll consider that (the level of wider representation) in due course,” Raab said.

 

 

Source: NAM NEWS NETWORK

Lao PDR: Setting Vientiane on the Road to Sustainable Transport

Background

Vientiane, the capital of the Lao People’s Democratic Republic, has a growing population living and working within a hub of government, tourism, educational, religious, commercial institutions, and residential areas. Its narrow, convoluted streets are overflowing with vehicles.

 

The total number of private vehicles registered in Vientiane increased at an average annual growth rate of 17% during 2000–2009 and at a growth rate of more than 10% since then. Congestion is swelling, pollution is building up, and road accidents are on the rise. Traditionally, Vientiane’s public transport has not been commuter friendly, largely comprising tuk-tuks or tricycles. As a result, there is a high dependence on private vehicles. In 2011, motorcycles accounted for 67% of daily trips compared to an estimated 0.6% for public transport.

 

To encourage a shift from private vehicles to public transport, the city’s bus service, the Vientiane Capital State Bus Enterprise (VCSBE), has been improving its services from the central bus station to other points in Vientiane, with technical and financial support from the Japan International Cooperation Agency. To help transform Vientiane into a sustainable city, the Lao PDR government is introducing a bus rapid transit (BRT) system linked to the VCSBE bus networks and other transport modes.

 

“Transport is the lifeblood of urban development,” says Senior Transport Specialist for Southeast Asia Daisuke Mizusawa. “A sustainable urban transport system can propel a city toward progress while ensuring the safety and mobility of its inhabitants.”

 

The Lao People’s Democratic Republic is working with ADB and cofinancing partners European Union, European Investment Bank, Global Environment Facility, and the OPEC Fund for International Development in setting up a bus rapid transport system.

 

Interventions

Through the Vientiane Sustainable Urban Transport Project (VSUTP), the Lao PDR government has found supportive allies that share the same goals—steering Vientiane away from its current unsustainable path. ADB, the European Union’s Asia Investment Facility, European Investment Bank, Global Environment Facility, and the OPEC Fund for International Development, are cofinancing the project. They envision that this initiative will ease congestion in the city and contribute to a significant decrease in carbon emissions.

 

A bus rapid transit

The centerpiece of the project is a modern BRT system. Three BRT routes with a length of 149 kilometers (km) (ITECC Mall–Non Teng, Tha Ngon–Thongpong, and National University of Laos–Fa Ngum Statue Park) will be integrated into the VCSBE network. Their combined network will total 304.4 km. A BRT corridor between the National University of Laos and Fa Ngum, consisting of 12.9-kilometer dedicated bus lanes with 28 enclosed stations, will be developed to transform the city center. The BRT system, once completed, will feature 50 new battery-electric buses.

 

Improved traffic management system

The BRT system will include a sustainable and safe traffic management system to ensure that the benefits of the BRT are maximized, especially for pedestrians. Road safety concerns will be alleviated when traffic lights and signals at pedestrian crossings, pavements, and universal accessibility features are in place. To ensure smooth traffic flow and entice people to take public transport, the project will also install a parking management system, which includes on-street paid parking in the city center area using electronic meters. A vehicle registration system was already established to help enforce parking regulations while the parking management system will provide 2,100 on-street parking spaces for cars and 1,800 spaces for motorcycles.

 

Accessibility for pedestrians and non-motorized transport

The project will also improve pedestrian facilities near BRT station areas by installing signalized pedestrian crossings, street lighting, pavement upgrades, and universal accessibility measures. In addition, it will introduce nonmotorized transit by providing electric pedal vehicles (e-pedicab) which aims to improve the quality of transport service and promote green energy in the city center of Vientiane.

 

A sustainable transport management entity

The project is helping the government set up an Urban Transport Management Section (UTMS) that will oversee BRT operations and facilities and other sustainable transport operations in the future. An attached technical assistance financed by the High-Level Technology Fund has been providing staff to be assigned to the UTMS with capacity development programs.

 

Aside from the BRT, the Vientiane Sustainable Urban Transport Project will also provide e-pedicabs to promote the use of green energy in the city.

 

Potential results

The BRT will help transform the city, turning it from a congested hub into an environment and pedestrian-friendly center. At project completion, projections indicate that the use of public transport will increase, from its share of 0.6% in 2013 to 6% by 2025. When the BRT is fully operational, it will serve 48,000 riders a day, compared to just 4,000 in 2013. Moreover, it will help cut down the city’s greenhouse gas emissions by 25,000 metric tons per year from 2020 onwards.

 

The interventions provided by the project will boost private sector participation. The private sector will be tapped to run the parking and vehicle registration systems. Private service providers will also be tapped to run the bus operations, fare system and control center, and other BRT system functions.

 

Project completion is estimated to be in 2024.

 

“When work is done, Vientiane will move a step further toward becoming a sustainable urban hub, with a BRT system decked with advanced technology and innovative practices,” says Mr. Mizusawa. “This new infrastructure will help ensure the accessibility, safety, and mobility of the city’s growing population.”

 

 

 

Source: Asian Development Bank

ADB Signs $6 Million Grant to Expand Renewable Energy in Vanuatu

PORT VILA, VANUATU (7 December 2021) — The Asian Development Bank (ADB) will provide a $6 million grant and the Government of Vanuatu $1.2 million to establish a network to deliver renewable energy to the people of Malekula and Espiritu Santo islands.

 

The ADB-supported Vanuatu Energy Access Project will help construct a 400-kilowatt Brenwe hydropower plant and extend the two islands’ electricity grids to deliver sustainable, affordable power to residents and businesses.

 

The additional funding, signed today by Vanuatu Minister of Finance and Economic Management Johnny Koanapo Rasou and ADB Vanuatu Pacific Country Office Unit Head and Senior Infrastructure Specialist David Fay, will be used to upgrade power distribution networks from a single wire to a three-phase system. This will prevent the need for future upgrades when demand increases and will deliver safer power due to an improved fault detection mechanism.

 

The project began in 2017 with $15.1 funding from ADB, the Strategic Climate Fund, and the Government of Vanuatu.

 

“The delivery of sustainable, affordable power provides exciting opportunities to improve the lives of people in these communities,” said Mr. Fay. “The upgrade will accommodate the demand of larger commercial and industrial facilities on the main grid and provide greater renewable electricity penetration to contribute to the economic development of Vanuatu.”

 

“This project will allow us to produce clean, reliable, low-cost power to more people, many of whom do not presently have access to the main grid. The government wants to see the shift from polluting energy sources to clean, locally produced renewable energy which again contributes to keeping our air and water clean. New renewable systems will also contribute to our economy by creating good jobs and new careers,” said Mr. Koanapo.

 

The construction of 79 kilometers of new distribution lines will allow cheaper power to reach 1,050 new households, increasing grid access in Espiritu Santo from 22% to 29% and in Malekula from 8% to 14%.

 

The Brenwe hydropower plant, which is also part of the project, is on track for commissioning in April 2022. Once operational, it will deliver up to 90% of the Malekula grid’s needs, saving more than 200,000 liters of diesel per year and reducing Vanuatu’s dependence on imported fossil fuel.

 

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

 

 

Source: Asian Development Bank

STATEMENT ON THE OCTOBER 2021 LABOR FORCE SURVEY

The Department of Labor and Employment is optimistic that the result of the October 2021 Labor Force Survey is just the beginning of a continued and sustained recovery of the labor market.

The country’s employment level significantly increased by 235,000, from 43.592M in September 2021 to 43.826M in October 2021. Similar results were observed in the employment rate with an increase of 1.5 percentage points – from 91.1% (September 2021) to 92.6% (October 2021). On the other hand, the unemployment rate decreased to 7.4% from 8.9% in the previous month. The increase of the underemployment level by 862,000 is a reminder that much has still to be done to improve the quality of work.

Backed by a better-than-expected 7.1% GDP growth in Q3, we have seen cases of COVID-19 starting to decline in October. We are confident that employment figures will improve further with the increasing vaccine coverage, the safe reopening of more businesses as we lower our alert levels, and more importantly, the government’s focus on improving the labor market through the National Employment Recovery Strategy (NERS) 2021-2022.

The Employment Recovery Agenda of the NERS Task Force, which is a targeted approach to restart economic activities, restore business and consumer confidence, upgrade and retool the workforce, and facilitate labor market access, has already yielded 2.08 million individuals assisted and 129,000 establishments benefitted, with total jobs generated accounting to 780,119 jobs.

Despite our collective success in improving the labor market, the labor department is not keeping its guards down, especially with the threat of another variant of COVID-19. We continue to remind everyone to vaccinate and continue the strict implementation of the minimum public health standards (MPHS) and occupational safety and health policies. Let us continue to be vigilant and avoid complacency by adhering to basic protocols – proper wearing of face mask and face shield, washing of hands, and social distancing.

We remain steadfast in working with the NERS Task Force and will continue to be active and supportive of initiatives towards sustained improvement in our labor market towards our recovery.

 

Source: Department Of Labor and Employment Republic of Philippines