Unemployment rate jumps to 5.3% in August

By Tiziana Celine Piatos

Oct 07, 2022 12:13 am

(UPDATE) THE Philippine unemployment rate hit 5.3 percent in August from 5.2 percent or 2.6 million in July, Philippine Statistics Authority (PSA) said Thursday.

According to the PSA's latest Labor Force Survey, August's jobless rate translates to 79,000 more unemployed than in July.

WORK WANTED Job seekers apply for employment at the opening on Thursday, Sept. 22, 2022, of the Mega Job Fair led by Malabon Mayor Jeannie Sandoval held at the Oreta Sports Complex. PHOTO BY RENE H. DILAN

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