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Jobless rate dips to 4.4% in August

UNEMPLOYMENT eased to 4.4 percent in August from 4.8 percent a month earlier, the Philippine Statistics Authority reported on Friday.

The rate — also lower than the 5.3 percent posted in August of last year — was estimated to be equivalent to 2.21 million Filipinos without jobs, less than July's 2.27 million and the 2.68 million in August of last year.