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Employment rate dips in October, but job quality improves

MANILA, Philippines — The proportion of employed Filipinos declined in October, the country’s statistics agency reported Wednesday, although job quality improved during the month.

The unemployment rate was at 5.1 percent in October, a tad higher than 5 percent recorded in the same month last year.

On the other hand, employment rate stood at 94.9 percent, lower than 95 percent posted a year ago.

Meanwhile, those who were underemployed — or employed persons who are still looking for more work or longer working hours — dipped 13.3 percent in October from 15.9 percent in the comparable period last year.

Article source: https://www.philstar.com/business/2018/12/05/1874422/employment-rate-dips-october-job-quality-improves

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