Wednesday, March 12, 2014

PHILSTAR: Unemployment rises to P7.5% in January

- The number of jobless Filipinos grew in January compared to a year ago despite the country's strong economic performance. The Labor Force Survey (LFS) released by the Philippine Statistics Authority (PSA) yesterday showed the country's unemployment rate at 7.5 PERCENT or an estimated 2.9 MILLION individuals. The unemployment rate in January 2013 was at 7.1 percent or 2.7M individuals. The latest survey DID NOT COVER provinces in Eastern Visayas that were devastated by Super Typhoon Yolanda.

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