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Philippines’ unemployment rate falls to 4.2 pct in November

MANILA, Jan. 6 (Xinhua) — The unemployment rate in the Philippines declined to 4.2 percent in November, compared to the previous month’s record of 4.5 percent, the Philippine Statistics Authority (PSA) said on Friday.

PSA data showed 2.18 million Filipinos were out of work in November, lower than the 2.24 million recorded in October. PSA head Dennis Mapa said the November unemployment rate was the lowest rate s