Philippines: Pandemic’s Economic Effects Propel Jobless Rate To Historic High
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By Basilio Sepe and Jojo Rinoza
The jobless rate in the Philippines reached nearly 18 percent in April, setting a new all-time record, as ripple effects of the coronavirus pandemic dragged down the nation’s economy, the government said Friday.
As many as 7.3 million Filipinos were out of jobs during that month mainly due...