THE PHILIPPINES’ underemployment rate climbed to a near three-year high in April, even as the joblessness fell to its lowest level in four months, according to the Philippine Statistics Authority (PSA).

THE PHILIPPINES’ underemployment rate climbed to a near three-year high in April, even as the joblessness fell to its lowest level in four months, according to the Philippine Statistics Authority (PSA). Read the full story.

The Philippine jobless rate rose to 4.7% in April from a year earlier, while underemployment climbed to a nearly three-year high of 15.2%, signaling continued weakness in the labor market. Data from the Philippine Statistics Authority (PSA) showed the jobless rate stood at 4.7% in April, higher than the 4.1% in the same month last […]