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Job layoffs here, there and everywhere

Also read: 126,000 more workers worldwide to lose jobs and Job losses in the Philippines
If you’re still wondering about the impact of the US subprime mortgage problem, just read the business news and you’ll see who the casualties are: the employed — or more appropriately, the ex-employed.
According to the latest news, the financial sector has announced — from January to May 2008 alone — that more than 66,000 people will be fired in the US and in other countries.

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How many Filipinos invest in the stock market?

A recent survey conducted by the Philippine Stock Exchange (PSE) showed that very few Filipinos participate in the stock market.

According to the survey, there were only 430,681 accounts being maintained for Filipino investors by PSE trading participants in 2007 – representing not even 1/2 of 1% of the 89 million population of the Philippines.

Of the total, only 103,412 or just a little over 1/10 of 1% of the population were considered active or involved in at least one trade in a year.

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Manila, Philippines slips in 'Quality of Life' survey

Those complaining that the quality of living in the Philippines is worse compared to other countries may be right.
In the 2008 Quality of Living Survey conducted by Mercer Consulting, Manila ranks 131st out of 215 countries assessed based on quality of living and personal safety. The country slipped eight places from 123rd last year.

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