The dark side of the Philippines' jobs numbers


Commuters waiting for buses to arrive at a station in Mandaluyong, Metro Manila. - AFP

MANILA (Philippine Daily Inquirer/Asia News Network): The ease in joblessness last September, as stressed by the National Economic Development Authority (NEDA), is one of the gains of the resumption of economic activities following nearly two years of Covid-19 lockdowns.

This, as the Philippine Statistics Authority (PSA) revealed on Tuesday that the unemployment rate dipped to 5% (2.50 million) from 5.3% (2.68 million) in August and 8.9% (4.25 million) in September 2021.

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Philippines , Economy , Poverty , Inflation

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