MANILA, Philippines — Adult joblessness in the country eased to 27.3 percent in November 2020 as the economy started to gradually open up despite the Covid-19 pandemic, a survey by the Social Weather Stations (SWS) showed on Monday.
According to the SWS, the 27.3 joblessness rate of about 12.7 million Filipinos was recorded from a survey conducted from November 21 to 25.
In comparison, the highest unemployment rate recorded under President Rodrigo Duterte’s administration is a 25.1 percent last December 2016.
These high unemployment rates in December 2016 eventually tapered down to 22.2 percent and 15.7 percent by March 2017 and December 2017, respectively. And before the Covi…
Keep on reading: Adult joblessness eases down to 27.3 percent — SWS