BusinessWorld E-paper
November 09, 2022
THE UNEMPLOYMENT RATE in September dropped to a new low since the start of the coronavirus pandemic, but job quality continued to worsen, the Philippine Statistics Authority (PSA) said on Tuesday.
Preliminary data from the PSA’s Labor Force Survey (LFS) showed the September jobless
rate eased to 5%, from 5.3% in August and 8.9% in the same month last year