Philippine unemployment rate reaches 7.5 percent in Jan


(MENAFN) The Philippine unemployment rate in January increased to 7.5 percent from 7.1 percent in the same month a year before, Xinhua reported



The Philippine Statistics Authority (PSA) said in its Labor Force Survey that most of the 2.96 million unemployed people in the country are male aged 15 to 24 who only completed secondary school



The number of those employed increased to 36.42 million in January, up from 36.13 million a year ago



The country's services sector was the major employer, accounting for 54.1 percent of total jobs



The highest jobless rate was recorded in the country's National Capital Region as it hit 11.2 percent


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