7.3 million unemployed govt figures “understated”, real number could reach up to 14 million

Research group IBON said that the unemployment crisis is actually even worse than official figures show. The group estimates that the real unemployment rate is likely around 22% and the real number of unemployed around 14 million. The April 2020 Labor Force Survey (LFS) of the Philippine Statistics Authority (PSA) released on June 5 reported […]

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