"This translates to 2.42 million unemployed Filipinos out of 51 million who were in the labor force in March," PSA head Dennis Mapa told a press conference.
The Asian Development Bank earlier said the Philippine workforce was hit hard by the COVID-19 pandemic, with the country recording a steep decline in employment rates in 2020.
The Manila-based bank said the country's labor market recovery remains uneven, though the unemployment rate declined to 4.2 percent in November 2022 from 6.5 percent a year earlier.
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