KEY job statistics have returned to pre-pandemic levels, the Philippine Statistics Authority (PSA) reported on Wednesday, a development said to be the result of further economic...
KEY job statistics have returned to pre-pandemic levels, the Philippine Statistics Authority reported on Wednesday, a development said to be the result of further economic reopening.Unemployment eased to 4.5 percent in October, preliminary results of the PSA's latest Labor Force Survey showed, down from the 5.0 percent and 7.4 percent respectively posted a month and a year earlier.
35 million individuals who were either employed or unemployed out of the 76.83 million Filipinos ages 15 years and over. This translated to an LFPR of 64.2 percent, down from 65.2 percent in September but higher than October 2021's 62.6 percent.'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.
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