Unemployment rate in Philippines falls to 7.1% in March 2021

Francia Nolasco, 78, gets a shot of China's Sinovac coronavirus disease (COVID-19) vaccine at home, administered by health workers at Marikina, Metro Manila, Philippines,on May 5, 2021. - Reuters

MANILA, May 6 (Xinhua): Around 3.44 million Filipinos were out of work in March, down from the 4.2 million in February as the country reopens further the economy, the Philippines Statistics Authority (PSA) said on Thursday.

Citing the March labor force survey results, PSA Head Dennis Mapa said the Philippines' unemployment rate in March fell to 7.1 per cent amid the COVID-19 pandemic. The unemployment rate in February was 8.8 per cent.