{"id":45571,"date":"2015-03-25T01:17:11","date_gmt":"2015-03-24T17:17:11","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=45571"},"modified":"2015-03-25T01:17:11","modified_gmt":"2015-03-24T17:17:11","slug":"palace-welcomes-american-think-tanks-positive-ratings-on-labor-freedom","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/03\/25\/palace-welcomes-american-think-tanks-positive-ratings-on-labor-freedom\/","title":{"rendered":"Palace welcomes American think tank\u2019s positive ratings on \u2018Labor Freedom\u2019"},"content":{"rendered":"<figure id=\"attachment_40378\" aria-describedby=\"caption-attachment-40378\" style=\"width: 666px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/sonny-coloma-4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-40378\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/sonny-coloma-4.jpg\" alt=\"Communications Secretary Sonny Coloma (Photo: Presidential Communications Operation Office)\" width=\"666\" height=\"537\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/sonny-coloma-4.jpg 666w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/sonny-coloma-4-300x242.jpg 300w\" sizes=\"auto, (max-width: 666px) 100vw, 666px\" \/><\/a><figcaption id=\"caption-attachment-40378\" class=\"wp-caption-text\">Communications Secretary Sonny Coloma (Photo: Presidential Communications Operation Office)<\/figcaption><\/figure>\n<p>MANILA &#8212; The Palace on Monday welcomed the positive ratings the country received from a United States-based think tank regarding \u201cLabor Freedom\u201d.<\/p>\n<p>\u201cWe note the results of the 2015 Economic Freedom Index indicating an improvement in the country\u2019s \u2018Labor Freedom\u2019 score, which jumped by 8.5 points to 58.2 points\u2014the highest in the last 10 years\u2014as measured by the Heritage Foundation,\u201d said Communication Secretary Herminio Coloma, Jr.<\/p>\n<p>Coloma said that Labor and Employment Secretary Rosalinda Dimapilis-Baldoz attributed this improved performance to the partnership of labor, business and government in enhancing the labor market.<\/p>\n<p>In its website, the Heritage Foundation noted that \u201cin general, the greater degree of labor freedom, the lower the rate of employment in an economy.\u201d<\/p>\n<p>\u201cThis is borne out by the 2015 Labor Force Survey, which showed that the employment, underemployment, and unemployment situation in the country has improved,\u201d Coloma said.<\/p>\n<p>According to the Index\u2019s website, the Heritage Foundation is considered as Washington\u2019s number one think tank. The Index of Economic Freedom is an annual guide published by The Wall Street Journal and the foundation.<\/p>\n<p>The website defined economic freedom as the fundamental right of every human to control his or her own labor and property, and labor freedom as a quantitative measure that looks into various aspects of the legal and regulatory framework of a country\u2019s labor market.<\/p>\n<p>Coloma further assured that the administration of President Benigno S. Aquino III will continue to improve the labor conditions in the country.<\/p>\n<p>\u201cThe government will continue to pursue reforms that promote economic freedom and productivity as a strategy for achieving inclusive growth,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8212; The Palace on Monday welcomed the positive ratings the country received from a United States-based think tank regarding &hellip;<\/p>\n","protected":false},"author":44,"featured_media":40378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95],"tags":[],"class_list":["post-45571","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/45571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=45571"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/45571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/40378"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=45571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=45571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=45571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}