Unemployment rate eases in July, but job quality remains a concern amid pandemic bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Philippine Labor Force Situation (July 2021) bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
BusinessWorld
July 2, 2021 | 12:33 am
More Filipinos were able to find jobs in May after lockdown restrictions were eased in Metro Manila and nearby provinces. PHILIPPINE STAR/ MICHAEL VARCAS
THE COUNTRY’S jobs situation improved in May as the ranks of unemployed and underemployed Filipinos fell after lockdown curbs were eased, data from the Philippine Statistics Authority (PSA) showed.
Preliminary results of the May 2021 round of the Labor Force Survey released on Thursday put the country’s unemployment rate at 7.7%, down from the 8.7% recorded in April.
This was the second-lowest unemployment rate recorded since the start of the year, following the 7.1% posted in March.