Tag: unemployment in Philippines

Palace on 17.7% unemployment rate in April: Saddened but not surprised

(Eagle News) — The Palace on Friday, June 5, said it was “saddened” but “not surprised” by the rise in unemployment in the country in April, expressing optimism Filipinos would weather the crisis. In a statement, Presidential Spokesperson Harry Roque said the unemployment rate–which, according to the Philippine Statistics Authority, was a record-high 17.7 percent two months ago or equivalent to 7.3 unemployed Filipinos–was an “obvious effect of the economic shutdown when the entire Luzon […]