endIndex:
Metro Manila (CNN Philippines, July 1) More Filipinos were able to find work in May with the gradual easing of quarantine restrictions aimed to curb the spread of COVID-19, the Philippine Statistics Authority said Thursday.
National Statistician Dennis Mapa reported a national 7.7% unemployment rate among residents aged 15 and up, better than April s 8.7%. This means 3.73 million Filipinos are without jobs lower than 4.14 million the month prior.
Around 44.72 million Filipinos were also employed in May, up from 43.27 million the month prior. These figures correspond to employment rates of 44.72% and 43.27%, respectively.
The labor force participation rate stood at 64.6% during the month, meaning 48.45 million Filipinos had jobs or wanted to find work higher than April’s 63.2% rate or 47.41 million tally.
Unemployment rate in Philippines dips to 7 7 pct in May
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Unemployment rate in Philippines dips to 7 7 pct in May - World News
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Xinhua world economic news summary at 0900 GMT, July 1
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