Jobless Filipinos increase to 7.3 million
Jobless Filipinos increased to 7.3 million in April 2020, as the lockdown in many parts of the country displaced workers, according to the Philippine Statistics Authority’s (PSA) Labor Force Survey.
“Unemployment rate rose to 17.7%, equivalent to 7.3 million unemployed Filipinos in the labor force in April 2020,” National Statistician Claire Dennis Mapa said.
“This is a record high in the unemployment rate reflecting the effects of economic shutdown to the Philippine labor market, due to COVID-19,” Mapa said.
Unemployment rate last April was way too high compared with the 5.3% in the January 2020 survey, and 5.1% in April 2019.
“In terms of magnitude, the number of unemployed persons increased by five million from 2.3 million in April 2019 to 7.3 million in April 2020,” Mapa said.
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