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The unemployment rate fell to a record low 5.6 % in October (Paywall), having been 6.5 % inb September. Data from the Philippine Statistics Authority (PSA) showed, the umemployment rate in the Philippines continued to decline in October this year as more Filipinos found jobs amid the country’s strong economic growth. But worryingly, exports fell 10.8 % year-on-year in October, versus expectations of a 3.3 % fall. (Eagle News Service) https://youtu.be/oMFjbl39C2Y
The country’s labor market continued to record positive gains in October 2015 as unemployment rate fell to its lowest in a decade and both employment and underemployment figures further improved, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate dropped further to 5.7 percent in October 2015 from 6.0 percent in the same month last year, making it the new lowest unemployment rate recorded […]
According to the latest survey conducted by the Philippine Statistic Agency, the number of unemployed Filipinos goes down to 2.5 million compared to 2. 6 million last year.
