Gov't targets to narrow unemployment rate near pre-Covid level
File photo MANILA - The government aims to bring down the unemployment rate close to pre-pandemic level of around 5 to 5.5 percent this year, Department of Trade and Industry (DTI) Secretary Ramon Lopez said Tuesday. In a virtual presser of the Presidential Communications Operations Office-Office of the Global Media and Public Affairs, Lopez said the unemployment rate slowed down to 6.5 percent last November from a peak of 17.6 percent in April 2020. "Our goal in 2022 is to further increase our job generation efforts to close down (the) unemployment rate nearer to pre-pandemic levels,&quo...