BusinessWorld E-paper
February 11, 2022
THE PHILIPPINES’ jobless rate rose month on month in December, as more Filipinos joined the workforce amid increased business activity and relaxed mobility curbs during the holidays.
For the full-year 2021, the unemployment rate — the share of the unemployed to the total labor force — eased to 7.8%. This was lower than the 10.4% in 2020 when strict lockdowns were implemented, but still lagged behind the prepandemic jobless rate.
