Regular sessions in the House of Representatives will resume Monday, August 23, the expected date for the submission by the Duterte administration of the proposed 2022 national budget of P5.024 trillion, the highest in the country's history.
House of Representatives4 In a memorandum issued by Se
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AROUND four million Filipinos remain jobless in January, as more reentered the labor force with the further easing of quarantine restrictions around the country, government labor data released on Tuesday showed.
Preliminary results of Philippine Statistics Authority’s (PSA) January 2021 round of the Labor Force Survey (LFS) showed around 3.953 million unemployed Filipinos, up from 3.813 million in October 2020 and 2.391 million in January 2020.
This put the unemployment rate at 8.7% in January, unchanged from October 2020 but higher than 5.3% in January 2020. The January 2021 reading was the highest among January LFS rounds since the government adopted new definitions for the survey in 2005.
The quality of jobs also weakened as the underemployment rate the proportion of those already working, but still looking for more work or longer working hours worsened to 16% from 14.4% in October and 14.8% in January 2020. This translates to 6.589 million underemployed Filip