MANILA -The unemployment rate in the Philippines climbed to a five-month high of 4.8 percent in July with 2.27 million Filipinos available and looking for jobs, according to preliminary data at the Philippine Statistics Authority. National Statistician Dennis Mapa said that compared to a year earlier, July 2022, the number of unemployed Filipinos decreased by 329,000 from 2.6 million. The July readout was higher than 4.5 percent in June 2023. However, it was lower than 5.2 percent in July 2022, which Mapa said was a better and more scientific comparison. The June figure marked an increase from the 4.3 percent jobless rate in May this year. Also, the decrease in the number of the...Keep on reading: Jobless rate rose again to 4.8% in July 2023