Ranks of unemployed up to 12.1M

A recent survey conducted by the Social Weather Station (SWS) revealed that joblessness in the Philippines has worsened as an estimated 12.1 million Filipinos are currently unemployed.

Showing a big jump from the 21.7 percent unemployed in September last year’s survey, the latest SWS report said that 27.5 percent of the country’s total work force did not have a job by end-2013.