Pandemic Drives Philippine Unemployment to Record High 17.7%
This article is for subscribers only.
Unemployment rate rose to a record high of 17.7% in April, with the number of jobless Filipinos surging to 7.3 million as lockdowns to contain the coronavirus outbreak shut businesses.
The number of people without work increased by 5 million from a year ago, the Philippine Statistics Authority said Friday. Recreation, construction, accommodation and food were among the sectors that saw the largest annual drops in employment.