BusinessWorld E-paper
February 09, 2023
THE PHILIPPINES’ unemployment rate eased to a three-year low of 5.4% in 2022, despite a slight uptick in December, the Philippine Statistics Authority (PSA) said on Wednesday.
Preliminary results from the PSA showed the unemployment rate stood at 4.3% in December, a tad higher than November’s 4.2% jobless rate but smaller than the 6.6% in December 2021.
