ABOUT 4.5 million Filipinos have lost their jobs this year with the unemployment rate at 10.4% – the highest in 15 years, the government reported, due to the Covid-19 pandemic and the lockdown shuttering thousands of businesses.
But as quarantine restrictions gradually eased and the economy reopened to allow workers to return to their jobs, the jobless rate also eased to 8.7% in October, National Statistician Dennis Mapa told a press conference on Thursday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
