Jobseekers attend a job fair in a mall in Valenzuela City, May 4. PHOTO BY MIGUEL DE GUZMAN, THE PHILIPPINE STAR
The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market.
Data from the Philippine Statistics Authority (PSA) showed the jobless rate stood at 4.7% in April, higher than the 4.1% in the same month last year.
PSA data showed that the jobless rate stood at 4.7% in April, higher than the 4.1% in the same month last year.
However, the unemployment rate eased from 5% in March.
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