There have been some tech layoffs, which had been one of the fastest growing parts of the economy, but so far not in other sectors. And quits-which are mainly workers switching jobs for higher pay-are also down from their peak late last year. These tentative signs of cooling are mixed with many stories of continued labor market tightness.
For this reason, starting in 2011, the prizes of CMA winners include microinsurance. Indeed, challenging times call for stronger partnerships. And to show our support and solidarity to our microentrepreneurs, we conducted here at the Bangko Sentral last week a three-day event which we called Microfinance Partnerships during Challenging Times.