EILER, Inc.

EILER will be holding a forum for workers entitled, "Krisis sa Pinansya at ang Epekto kay Juan Obrero" this October 2, 1 pm at the Cathedral of St. Mary and John, Trinity University of Asia, E. Rodriguez, Sr. Ave., Quezon City.

PRESS RELEASE
27 Septermber 2008

The Ecumenical Institute for Labor Education and Research, Inc. (EILER,Inc.)  today expressed apprehension that the global financial crisis will ultimately affect ordinary workers. 
 
EILER Executive Director Paul Quintos said, "Unfortunately,  massive credit losses and asset write downs don't just affect financiers. Indeed, it is the ordinary working people, both globally and locally, that will bear the brunt of its devastating consequences."
 

Praymer ng EILER
24 Setyembre 2008
 
 
Mabilis na bumubulusok ang ekonomya ng US at buong pandaigdigang sistemang kapitalista. Dumaraan ito ngayon sa isa sa pinakamatitinding krisis pampinansya mula pa noong panahon ng Great Depression noong dekada 1930.

Paul L. Quintos
Executive Director
EILER
20 September 2008

The worst crisis since the Great Depression
 
"The world economy has entered new and precarious territory", opens the latest World Economic Outlook published by the International Monetary Fund (IMF) last April 2008. It describes the current financial crisis that erupted in August 2007 as "the largest financial shock since the Great Depression, inflicting heavy damage on markets and institutions at the core of the financial system."

PRESS RELEASE
15 September 2008

Filipinos are more likely to take on multiple jobs these days to offset low income and high prices, said the Ecumenical Institute for Labor Education and Research (EILER). About 81% of multiple job holders in 2007 were permanently employed while 47% were self-employed in their primary occupation according to the Bureau of Labor and Employment Statistics (BLES).