Survey reveals how OFW families spend remittances

Survey reveals how OFW families spend remittances

The Consumer Expectations Survey revealed that most families of overseas Filipino workers (OFWs) spend remittances on food and other household needs. In the survey conducted by the Bangko Sentral ng Pilipinas (BSP), 94.2 percent of OFW families said a portion of the...
PH unemployment rate drops in April, underemployment up

PH unemployment rate drops in April, underemployment up

The overall unemployment rate in the country dropped in April although underemployment rate rose. The Philippine Statistics Authority’s (PSA) Labor Force Survey released on June 5 showed the country’s unemployment rate in April fell to 5.5 percent from 5.7 percent...
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