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This is a list of regions and provinces of the Philippines by poverty rate as of 2021. The international poverty rate used by the World Bank is used in the following list. The national poverty rate of the Philippines was estimated to be at 22.4% in early 2023.
Share of population in extreme poverty (1981–2019) In 2023, official government statistics reported that the Philippines had a poverty rate of 15.5%, [1] [2] (or roughly 17.54 million Filipinos), significantly lower than the 49.2 percent recorded in 1985 through years of government poverty reduction efforts. [3]
The number of jobless Filipinos hit record-high of 17.7%, in April as the economic impact of the coronavirus disease 2019 caused the displacement of millions of workers. [ 206 ] July 1 – The Philippines signed a $26.5-million Asian Development Bank (ADB) loan which would finance the reforms needed to improve local property valuation and tax ...
And they said with the inconsistency, the headline unemployment rate number could have actually have been as high as 5.4% instead of 4.4%. Now the last thing I want to point out here is that this ...
With the unemployment rate moving higher throughout most of 2024 and monthly job gains slowing, the labor market is ending the year inarguably having cooled from where it started. The hiring rate ...
The number of Americans applying for unemployment benefits fell to the lowest level in six months last week as layoffs remain at relatively healthy levels. The Labor Department reported Thursday ...
Zero indicates perfect equality, while 100 indicates perfect inequality. In the Philippines in 2015, the Gini Coefficient was approximately 0.4439. This is a slightly smaller number in comparison to a few years prior (in 2012, 0.4605). This means a bit more even wealth distribution across families. [3]
The number of people receiving benefits after an initial week of aid, a proxy for hiring, decreased 52,000 to a seasonally adjusted 1.844 million during the week ending Dec. 21, the claims report ...