Economics
Philippines Sees Recent Lockdown Reversing a Jobs Recovery
Overseas Filipino workers (OFW) stranded due to reduced flights stay at a temporary shelter set up in a school in Pasay City, Metro Manila.
Photographer: Veejay Villafranca/BloombergThis article is for subscribers only.
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The Philippines’ jobless rate fell in March to its lowest level since the pandemic began, but economic managers said a recent lockdown due to a new surge in Covid-19 cases will likely reverse job gains.