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

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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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