Economic Strength, Stability Seen in Drop in PH Jobless Rate
Manila: The continued decline in the Philippines’ unemployment rate signals ‘growing strength and stability’ in the economy, House of Representatives Speaker Martin Romualdez said Tuesday. According to Philippines News Agency, Romualdez attributed the decline to President Ferdinand R. Marcos Jr.’s push for creating sustainable economic opportunities for Filipinos. “This improvement in our labor market conditions reflects the growing strength and stability of our economy. It is proof that our policies are prudent and uplifting our people’s lives,” Romualdez said. “Our President’s clear vision for economic growth is bearing fruit.” The Philippine Statistics Authority (PSA) on Tuesday reported that the country’s