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Philippines' unemployment rate fell to its lowest level in November 2023

PHILIPPINES

Here are this week's latest news from the Philippines.


Key Points
  • The unemployment rate in the country further went down to 3.6 percent in November, according to National Statistician Dennis Mapa, this is the lowest since 2005.
  • Talk of revising the 1987 Constitution has been revived again focused on economic provisions that restrict foreign ownership.Aside from Congress, Filipinos can pass laws through the people's initiative, which is also one of three ways to amend the present charter.
  • Over six million Catholic devotees in the Philippines participated in this year's procession to honor the Black Nazarene.

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