Unemployment worsens with 3.9 million jobless PinoysThe latest report of the Philippine Statistics Authority (PSA) showed that the unemployment rate jumped to 8.1 percent from 6.9 percent in July. The latest report of the Philippine Statistics Authority (PSA) showed that the unemployment rate jumped to 8.1 percent from 6.9 percent in July. This accounts for 3.88 million unemployed Filipinos in the labor force. President Duterte’s economic team said the spike in the jobless rate was expected with the return to lockdown during the month. This is equivalent to around 48.12 million economically active Filipinos whether employed or looking for work, a significant increase from the 44.74 million in July.

Source: Philippine Star September 30, 2021 15:56 UTC