The bloc’s unemployment rate returned to pre‑Covid levels, dropping from 4.2% in 2022 to 3.8% in 2023. While ASEAN’s exports of goods fell by 7.7% year‑on‑year to US$1,811 billion in 2023, its exports of services grew by 8.1% on an annual basis to US$554 billion.4 ...
with production in most sub-sectors back to their pre-pandemic levels, Balisacan said, adding the economic growth came with more jobs, resulting in "vibrant labor market conditions," with the country's unemployment rate down to...
This is likely to aggravate the already high unemployment situation due to reduced economic activity from manufacturing closures and lockdowns in several ASEAN countries, notably the Philippines, Myanmar and Thailand. However, the opportunity may be presented to increase rural non-farm economic activity...
2023, Energy Economics Show abstract The oil price-inflation nexus: The exchange rate pass- through effect 2023, Energy Economics Show abstract Exchange rate pass-through and inflation targeting regime under energy price shocks 2023, Energy Economics Show abstract Dynamic integration and transmission chan...
Economic Arthur Okun told that there is high cost of national output to unemployment rate. This negative relation between output and unemployment concept, known as Okun's Law. The objective of this study is to analyze the effect of econo... JEDK Pembangunan - 《Jurnal Ekonomi Dan Kebijakan Pe...
As the West struggles with recession, ASEAN-5 could maintain strong growth on the back of China’s COVID controls pivot.The Euro Area is likely either already in a recession or heading into one very soon. The US looks, on the Fed’s own unemployment forecast for end-...