The Bureau of Labor Statistics of the U.S. Labor Department posted an increase in job employment of 271,000 in October 2015 (compared to 142,000 in September), cutting down the unemployment rate to 5%, the lowest so far since 2008. Investment experts are now speculating that the said healthy labor market may trigger Federal Bank’s or “Fed” (U.S. Central Bank) decision to raise interest rates sometime in December next month. For economists, an increase in interest rates would mean many things to the economy. There are pluses and minuses, there will be winners and losers, depending on which part of the … Continue reading A Strong US$ Makes “Mary” Happy!
November 8, 2013 was that dreadful day when certain parts of the Philippine Islands particularly the region of Eastern Visayas was ravaged by super typhoon Haiyan (also known as “Yolanda”). Thousands of people perished and millions of families have been affected, majority of them were left with nothing, no more livelihood in fact, except for few pieces picked up after the typhoon and donated by generous individuals and other organizations. It has been 5 months since, and the victims are still struggling to cope with the consequences of the deluge, with the grief and its psychological and economic impact on … Continue reading Temporary Protected Status: Just A Temporary Relief!