DoF: Jobless rate goal set at 5.3-6.4%

Mar 11, 2023 12:27 am

UNEMPLOYMENT could worsen this year but not to levels seen during the height of the Covid-19 pandemic, figures from the Department of Finance showed.

'For full-year 2023, the government targets an unemployment rate of 5.3 to 6.4 percent,' the department said in a statement on Thursday after the Philippine Statistics Authority (PSA) reported that unemployment had picked up to 4.8 percent in January from 4.3 percent a month earlier.

Department of Finance

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