BusinessWorld E-paper
April 08, 2022
THE PHILIPPINES’ unemployment rate steadied on a monthly basis in February, but the number of jobless Filipinos increased to 3.126 million despite the gradual reopening of the economy, the Philippine Statistics Authority (PSA) reported on Thursday.
The unemployment rate stood at 6.4% in February, unchanged from the previous month’s jobless rate but smaller than the 8.8% in the same month of 2021, preliminary estimates from the agency’s latest Labor Force Survey showed.
