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BusinessWorld (Philippines) 06/04/2020 23:54
THE LATEST official labor data showed the jobless rate shot up to double-digits, as millions of Filipinos became unemployed, the Philippine Statistics Authority (PSA) reported earlier this morning. Preliminary results of the PSA’s April 2020 round of the Labor Force Survey put the country’s unemployment rate at 17.7%, up from the 5.1% recorded in the […]
BusinessWorld (Philippines) 06/04/2020 23:02
FACTORY OUTPUT declined for the second straight month in April, marking the steepest fall in almost two decades, the Philippine Statistics Authority (PSA) reported earlier this morning. Preliminary results of the PSA’s latest Monthly Integrated Survey of Selected Industries showed factory output, as measured by the Volume of Production Index (VoPI), contracting by 59.8% year-on-year […]


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