Jun 17, 2008

2.9 M now jobless

photo by matang kwago

The latest NSO Labor Force Survey showed that number of unemployed Filipinos rose to 2.9 million from 2.7 million in April or a jobless rate of eight percent reports PhilStar.


Rough times ahead as everyone sees it. We have a never ending oil and food price increases. With the new law exempting individual taxes for the minimum wage earners and any amount for wage hike, the total cost of living far exceeds what is left for ordinary workers' income.

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