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High jobless rate hints at quality of PH growth, says think tank

By Inquirer - 2 months ago
The Philippine economy has not seen consistent job creation despite a strong economic growth rate of 6.3 percent in the second quarter, indicating potential structural issues that affect the quality of economic growth, according to a report from GlobalSource Partners. The New York-based think tank noted that the jobless rate went up to 4.7 percent

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