The 91-day Treasury bill rate went down in December at 5.164 percent from November’s 5.257 percent.
Labor force population in October 2002 was 1.0% higher than the estimate of 33.4 million last year. Employed persons was estimated at 30.3 million in October 2002, up to 0.6% over the same period last year. Unemployment rate increased to 10.2% in October this year from 9.8 in October last year. Underemployment rate decreased by 1.3 percentage points, from 16.6 in October last year to 15.3% this year.
Composite Index closes at 1,018.41 for the month of December. This is lower compared to November`s 1,053.63.
The National Government Cash Operations Report (COR) shows that NG deficit is lower for the month of November 2002 (P12.987 billion)compared to October`s P22.4 billion. As of November, the annual NG deficit now stands at P200.554 Billion.
The Philippine Peso continued to depreciate against the US Dollar in December as the average monthly exchange rate reached P53.519.
Labor force population in October 2002 was 1.0% higher than the estimate of 33.4 million last year. Employed persons was estimated at 30.3 million in October 2002, up to 0.6% over the same period last year. Unemployment rate increased to 10.2% in October this year from 9.8 in October last year. Underemployment rate decreased by 1.3 percentage points, from 16.6 in October last year to 15.3% this year.
Composite Index closes at 1,018.41 for the month of December. This is lower compared to November`s 1,053.63.
The National Government Cash Operations Report (COR) shows that NG deficit is lower for the month of November 2002 (P12.987 billion)compared to October`s P22.4 billion. As of November, the annual NG deficit now stands at P200.554 Billion.
The Philippine Peso continued to depreciate against the US Dollar in December as the average monthly exchange rate reached P53.519.
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