BusinessWorld E-paper
August 10, 2023
THE UNEMPLOYMENT RATE rose to a three-month high in June as the quality of jobs deteriorated, the Philippine Statistics Authority (PSA) reported on Wednesday.
Preliminary estimates of the PSA’s latest Labor Force Survey (LFS) showed the unemployment rate, or the share of the jobless Filipinos to the total labor force, edged up to 4.5% in June from 4.3% in May.
