By Chloe Mari A. Hufana, Reporter
THE UNEMPLOYMENT RATE in November dropped to its lowest in five months as businesses ramped up hiring ahead of the holiday season, the statistics agency said on Wednesday.
Preliminary data from the Philippine Statistics Authority’s (PSA) Labor Force Survey showed the jobless rate fell to 3.2% in November, lower than the 3.9% in October and the 3.6% in the same month last year.
This translated to 1.66 million unemployed Filipinos in November, lower than the 1.97 million in October and 1.83 million a year prior.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
