THE country’s unemployment rate edged up to 1.2 per cent last year, due to an uneven economic recovery and the impact of technological advances, but the rate remained low, the top planning agency said.
Flagged as a concern is that the number of people in the workforce is on a downward trend, the National Economic and Social Development Board (NESDB) said yesterday. In 2016, the jobless rate stood at 1.1 per cent.
The findings came from a report on the country’s social situation in the fourth quarter of 2017 and the outlook for this year that the NESDB released […]
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