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BusinessWorld E-paper

January 9, 2025

THE UNEMPLOYMENT RATE in November dropped to its lowest in five months as businesses ramped up hiring ahead of the holiday season, the statistics agency said on Wednesday.

Preliminary data from the Philippine Statistics Authority’s (PSA) Labor Force Survey showed the jobless rate fell to 3.2% in November, lower than the 3.9% in October and the 3.6% in the same month last year.

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