Jobless rate spikes to 4.7%

Sep 07, 2024 12:30 am

(UPDATES) UNEMPLOYMENT worsened in July with new graduates having failed to find jobs, the Philippine Statistics Authority reported on Friday.

The country's jobless rate spiked to 4.7 percent, the highest since the year-earlier 4.9 percent, from 3.1 percent in June.

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