The country’s employment situation improved with the jobless rate reaching 4.5 percent in October, the lowest in 17 years, according to the Philippine Statistics Authority (PSA). Know more:
The country’s employment situation improved with the jobless rate reaching 4.5 percent in October, the lowest in 17 years, according to the Philippine Statistics Authority .
“Our move to finally open face-to-face classes at full capacity has paved the way for us to immediately address the learning losses from the pandemic—this is a precursor to a workforce that demonstrates competence and high productivity. Also, with children back in school, parents-at-home—especially mothers—are also able to pursue more income opportunities,” Socioeconomic Planning Secretary Arsenio M. Balisacan said.
Similarly, the employment rate was slightly higher among males at 95.5 percent than their female counterpart at 95.3 percent.
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