Indonesian Political, Business & Finance News

RP unemployment rate falls

| Source: AFP

RP unemployment rate falls

MANILA (AFP): Unemployment in the Philippines fell to 9.8 percent in 1999, a slight decrease from the 10.1 percent in 1998, the department of labor said Saturday.

The department said the fall was due partly to the strong 6.3- percent growth in the agriculture sector.

However employment in industry contracted in the same period. The labor force also increased by 3.3 percent to hit 32.08 million people.

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