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MANILA, Philippines: The easterlies continue to bring warm and humid weather but some areas will have isolated rain showers especially in the late afternoon or at night, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said Monday. ....
Finance Minister Choi Sang-mok has said the government is considering raising this year s economic growth target from the current 2.2 percent following stronger-than-expected performances in the first quarter. ....
THE government expects to have posted another budget deficit last month amid efforts to accelerate economic growth, Finance Secretary Ralph Recto said. ....
WASHINGTON, D.C.: US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed on Friday, signaling that the labor market is cooling.But with the world s biggest economy adding 175,000 jobs last month according to the Department of Labor, hiring appears still resilient despite the lower reading than 315,000 in March.Analysts had expected growth of 250,000 jobs, according to Briefing.com.The jobless rate edged slightly higher from 3.8 percent in March to 3.9 percent last month. The great American comeback continues, said US President Joe Biden. He noted that unemployment has been under 4 percent for 27 months in a row.But there s more work to do, he said, adding that he wants to lower the costs of rent and homeownership, and make health care more affordable.While hiring has decelerated, the number of jobs added in April remains well above 100,000 the average level that some economists say is needed to keep the unemployment rate ....