January 2023 unemployment rate remains low at 4.8%, data shows
MANILA, Philippines — The January 2023 unemployment rate stood at 4.8 percent, lower than the 6.4 percent outturn in January 2022 and the 5.3 percent in January 2020 or pre-pandemic. “The generally steady and low unemployment and underemployment rates since the end of 2022 are reflective of the country’s continued economic recovery. To sustain these gains, […]
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