Jobless rate rose to 7.7% in January

NSO reports ‘insignificant’ rise.

MANILA, Philippines — (UPDATE 2) The unemployment rate in January rose by 0.3 percentage point to 7.7 percent in January, a change which the National Statistics Office in its latest Labor Force Survey described as “insignificant.”

As of January, there were some 2.8 million unemployed. Data from the NSO showed that 37.1 million Filipinos had entered the labor force, of which 34.3 million got jobs.

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