Philippines jobless rate worst in emerging Asia


MANILA (Philippine Daily Inquirer/ANN): Despite an easing in the March unemployment rate, the Philippines remained the worst job market in emerging Asia with the biggest share of the unemployed to the labour force, a report of the state planning agency National Economic and Development Authority (Neda) showed.

While the 7.1-per cent jobless rate posted in March was the lowest since April last year, the height of the longest and most stringent Covid-19 lockdown in the region Neda said the revert of the National Capital Region (NCR) Plus to enhanced community quarantine (ECQ) for two weeks and then to modified ECQ (MECQ) in April would temporarily reverse employment gains.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Philippines , jobless , rate , Asia

   

Next In Aseanplus News

Suu Kyi being used as ‘human shield’, fears son
Woman found dead in Spain assaulted by ‘bladed weapon’
North Korea releases song praising leader
Thailand and Kazakhstan agree to visa waiver pact to boost tourism
Three Filipinos dead in UAE’s record floods, say officials
Doctors sue Google Maps over ‘punching bag’ reviews
Ex-colleagues remember Fang as ‘charismatic, loving, a true friend’
Mt Ruang continues to erupt
Concern over escalating violence
‘Medical reforms are likely’

Others Also Read