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BusinessWorld E-paper

March 10, 2023

THE UNEMPLOYMENT RATE rose to a four month high of 4.8% in January amid the loss of temporary holiday jobs, the Philippine Statistics Authority (PSA) said
on Thursday.

Preliminary data from the PSA’s Labor Force Survey (LFS) showed the jobless rate went up to 4.8% in January, from 4.3% in December. It is the highest jobless rate since the 5% recorded in September.

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