Unemployment rate dips in Oct

by Anna Leah E. Gonzales

Dec 07, 2021 10:37 am

THE number of unemployed Filipinos fell to 3.50 million in October from 3.81 million a year ago, the Philippine Statistics Authority (PSA) said.

In a briefing on Tuesday, National Statistician Dennis Mapa said that based on the preliminary results of the latest Labor Force Survey (LFS), the number of out-of-work individuals translates to an unemployment rate of 7.4 percent, down from the 8.7 percent seen in October last year.

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