PHL July jobless rate worst in over 4 years

BusinessWorld - BusinessWorld Online 8 h Philippines

The Philippines’ unemployment rate rose to 6% in July, the highest level since June 2022, as the labor force expanded faster than employment, leaving 3.14 million Filipinos without jobs. The unemployment rate increased from 5.3% a year earlier and 4.9% in June, while the number of unemployed rose by 550,000 from 2.59 million in July […]

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