Philippines' unemployment rate rose to 4.5% in January, with 2.15 million jobless Filipinos.

The Philippines' unemployment rate increased to 4.5% in January from 3.1% in December, with 2.15 million jobless Filipinos, according to the Philippine Statistics Authority (PSA). The jobless rate was 4.8% in January 2023. The government aims to sustain job-generating investments and strengthen links between industry, academe, and public sector to address skill mismatches in the labor market.

March 08, 2024
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