AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

Mining, quarrying record 2% job loss

AngMinero News by AngMinero News
March 23, 2020
in Business, News
27 1
0
PH nickel production up by at least 8% a year
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

A slow gross revenue growth of 3.5 percent during October to December 2019 resulted in major job loss in many major industries, including mining and quarrying, which is down at 2 percent.

This according to the Philippine Statistics Authority (PSA), adding that the gross revenue in the last three months of 2019 is lower compared to the 9.3 percent increase posted in 2018.

Other industries with job losses were the following: manufacturing, down 3.3 percent year-on-year; other services, down 0.5 percent; and construction, down 0.3 percent.

The total employment index declined 0.2 percent year-on-year during the quarter, reversing the 3.1 percent growth in jobs recorded in 2018. This despite the Christmas season.

However, there are news jobs made during the said three-month period, which are in finance, up 3.8 percent year-on-year; real estate, up 2.4 percent; trade, up 2 percent; transportation, storage and communication, up 1.7 percent; and electricity, gas and water supply, up 0.5 percent.

In addition, those who remained employed had pay hikes due to an increase in the total compensation index at 4.7 percent from October to December 2019, faster than the 4.2 percent in 2018.

 

Tags: mining

Related Posts

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary
News

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary

August 5, 2025
Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026
News

Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026

August 5, 2025
SMPC profit drops 33% in Q2 amid lower coal, power prices
News

SMPC profit drops 33% in Q2 amid lower coal, power prices

August 4, 2025
Cebu Governor Suspends 19 Quarry Operators for Permit, Cites Environmental Violations
News

Cebu Governor Suspends 19 Quarry Operators for Permit, Cites Environmental Violations

August 4, 2025
MAP President Alfredo Panlilio Joins Marcventures Board as Independent Director
News

MAP President Alfredo Panlilio Joins Marcventures Board as Independent Director

July 30, 2025
DENR-12 Cracks Down on Illegal Gold Mines in Sultan Kudarat
News

DENR-12 Cracks Down on Illegal Gold Mines in Sultan Kudarat

July 30, 2025

FEATURED POST

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary

August 5, 2025
Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026

Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026

August 5, 2025
SMPC profit drops 33% in Q2 amid lower coal, power prices

SMPC profit drops 33% in Q2 amid lower coal, power prices

August 4, 2025
Cebu Governor Suspends 19 Quarry Operators for Permit, Cites Environmental Violations

Cebu Governor Suspends 19 Quarry Operators for Permit, Cites Environmental Violations

August 4, 2025

EDITOR PICK'S

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary

August 5, 2025

Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026

August 5, 2025

SMPC profit drops 33% in Q2 amid lower coal, power prices

August 4, 2025

Cebu Governor Suspends 19 Quarry Operators for Permit, Cites Environmental Violations

August 4, 2025

MAP President Alfredo Panlilio Joins Marcventures Board as Independent Director

July 30, 2025

DENR-12 Cracks Down on Illegal Gold Mines in Sultan Kudarat

July 30, 2025

PHP 67M Reforestation by 4 Mining Firms Transforms Cagayan Valley

July 24, 2025

Recent News

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary

Dinapigue Youth Leaders Push Sustainability Agenda with Nickel Asia Subsidiary

August 5, 2025
Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026

Philex Mining Posts PHP301M Net Income in H1 2025, Eyes Silangan Launch by 2026

August 5, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In