Philippines' unemployment rate rose to 3.9% in March, with 2 million jobless Filipinos; wholesale and retail trade, manufacturing, and public administration sectors saw notable job growth.
The Philippines' unemployment rate rose to 3.9% in March from 3.5% in February, with 2 million jobless Filipinos. The wholesale and retail trade sector saw the highest employment growth, adding 963,000 jobs, followed by manufacturing with 553,000 new jobs and public administration with 229,000. The government aims to attract investments, improve infrastructure, and focus on reskilling programs to boost employment.
May 08, 2024
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