Unemployment down to 7.1% in March 2021 but quality of jobs still in question

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WATCH: The Philippine Statistics Authority on Thursday, May 6, says the unemployment rate went down to 7.1% in March 2021 as lockdown restrictions eased during the period. READ:

The Philippines generated more jobs in March 2021 as lockdown restrictions eased during the period. The quality of jobs available, however, remains in question.The unemployment rate went down to 7.1% in March 2021, translating into some 3.44 million Filipinos with no jobs, the Philippine Statistics Authority said on Thursday, May 6., which was equivalent to 4.2 million Filipinos.

Mapa noted that there were more young Filipinos aged 15 to 24 who were in the labor force. There were also more senior citizens or people aged 65 and above that were either employed or were looking for work in March. Elementary occupations rose to 1.08 million in March, while service and other sales workers reached 551,000. Craft and other related trade workers also went up to 308,000.Prospects and policy

 

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