Philippines' unemployment hits new low since start of pandemic

FILE PHOTO: A worker wearing a protective face mask picks up items as shoppers queue to buy groceries at a supermarket amid new cases of coronavirus, in Manila, Philippines, March 11, 2020. - Reuters

MANILA, Nov 8 (Reuters): The Philippines' unemployment rate in September fell to a new low since the Covid-19 pandemic began, highlighting more green shoots of recovery as the country fully reopens its domestic economy.

The unemployment rate eased for a third month in a row to hit 5% in September, the statistics agency said on Tuesday, which bodes well for third quarter growth.