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PHL unemployment rate at 6.6 percent in December from 6.5 percent in November 2021 (Eagle News) – The number of unemployed persons in December hit 3.27 million, higher by 113,000 compared to the previous month’s numbers, the Philippine Statistics Authority (PSA) said on Thursday, February 10. In fact, “the unemployment rate in the country slightly picked up in December 2021 at 6.6 percent from the 6.5 percent reported in November 2021,” according to the PSA. […]
(Eagle News) — The Department of Labor and Employment on Friday, June 5, expressed hope the country’s labor force would recover with the resumption of economic activities amid the COVID-19 pandemic. Labor Secretary Silvestre Bello III made the statement after a survey by the Philippine Statistics Authority found the country’s unemployment rate rose to a record-high 17.7 percent in April, equivalent to 7.3 million unemployed Filipinos. “As the economy opens gradually, we are hopeful that […]
According to a study conducted of the International Labor Organization, the number of unemployed individuals may reach 200 million by 2017. ILO added that to lower the unemployment rate, the price of basic goods should be lowered. The report also noted that unemployment rates are going down in emerging and developing countries due to modern technology and economy. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos) […]
