MORE JOBS / Job seekers queue at a job fair in SM City Valenzuela in partnership with the local government of Valenzuela City, the Department of Labor and Employment (DOLE), Public Employment Service Office Association of Metro Manila (PAMM), and Technical Education & Skills Development Authority (TESDA) last month. INQUIRER PHOTO / GRIG C. MONTEGRANDE
MANILA, Philippines – The number of jobless Filipinos further eased to 2.41 million in April from 2.58 million in March, bucking expectations of a weaker labor market amid the energy crisis, the Philippine Statistics Authority (PSA) reported on Tuesday.
This translated to an unemployment rate of 4.7 percent, down from 5 percent in March. It was the first time this year that the unemployment rate fell below the 5-percent mark.
READ: Unemployment rate jumps to pandemic-era high of 5.8%
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