Unemployment rate lowest in 18 years

by Eireene Jairee Gomez - Ed Paolo Salting

Jan 07, 2023 12:15 am

(UPDATE) THE country's unemployment rate dropped to 4.2 percent in November, the lowest in nearly 18 years.

In a briefing on Friday, the Philippine Statistics Authority (PSA) said preliminary results of its Labor Force Survey showed that the 4.2 percent rate was lower than the 4.5 percent in October and 6.5 percent in the same month in 2021.

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