Unemployment rate eased to 5% in March

MANILA, Philippines — Philippine unemployment slightly diminished to 5 percent in March from 5.1 percent in February, despite mounting pressures from the Middle East war, the Philippine Statistics Authority reported on Wednesday. The jobless rate in March represented 2.58 million Filipinos looking for work, down from 2.66 million in February. READ: Unemployment rate jumps to pandemic-era