PHL unemployment rate down in May 2021: PSA

(Eagle News) — The country’s unemployment rate went down in May as quarantine restrictions eased amid the COVID-19 pandemic. According to recent Philippine Statistics Authority data, the 7.7 percent rate registered in that month was lower than the 8.7 percent recorded in April. The 7.7 unemployment rate, the PSA said, was the second-lowest reported for the year. According to the PSA, the 7.7 percent unemployment rate translates to 3.73 million unemployed individuals aged 15 and […]