Year-on-year inflation rate slightly decelerated to 2.9 percent in September from 3.0 percent in August.
Composite Index closes at 1,297.42 for the month of September. This is higher compared to August`s 1,192.83.
The labor force participation rate was reported at 67.4 percent in July this year. A year ago, it was 67.1 percent.
The July 2003 results indicated a national employment rate of 87.3 percent. Last year`s employment rate was 88.8 percent.
Unemployment rate was recorded at 12.7 percent in July this year. Last year`s unemployment rate was 11.2 percent.
Underemployment rate reached 20.8 percent in July this year.
The OFW`s Remittances as of June 2003 amounted to 3.9 billion US dollars.
Composite Index closes at 1,297.42 for the month of September. This is higher compared to August`s 1,192.83.
The labor force participation rate was reported at 67.4 percent in July this year. A year ago, it was 67.1 percent.
The July 2003 results indicated a national employment rate of 87.3 percent. Last year`s employment rate was 88.8 percent.
Unemployment rate was recorded at 12.7 percent in July this year. Last year`s unemployment rate was 11.2 percent.
Underemployment rate reached 20.8 percent in July this year.
The OFW`s Remittances as of June 2003 amounted to 3.9 billion US dollars.
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