Jobless rate drops to lowest since 2005

Feb 08, 2024 12:40 am

(UPDATE) UNEMPLOYMENT dipped to 3.1 percent in December, the Philippine Statistics Authority (PSA) reported on Wednesday, dropping from the previous month's 3.6 percent and the 4.3 percent posted a year earlier.

The result, which translates to 1.60 million Filipinos without jobs, was the lowest since 2005, National Statistician Claire Dennis Mapa said.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Govt to push 'really hard' for PH-US FTA

Sources: Maynilad hires banks for public listing

PH starts marketing dollar bond offering

Marcos: PH to boost engagement with ADB

DA, retailers tie up to sell cheaper rice

DENR, UNDP launch action vs plastic waste

BSP posts P113.1-B profit as of end-Oct