Friday, June 15, 2007

Jobless rate drops to 7.4%

Jobless rate drops to 7.4% in April from 8.2 % a year ago

MANILA, Philippines -- The Philippines' unemployment rate fell to 7.4 percent at the end of April from 8.2 percent a year earlier, preliminary data from the National Statistics Office showed. That compared to a jobless rate of 7.8 percent when the previous labor force survey was done in January.

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