PH Jobless Rate Drops

The Philippines' jobless rate slipped at the start of the year. The Philippine Statistics Authority said the unemployment rate fell to 6.6 percent last January, down from 7.5 percent in the same period last year, reports Interaksyon.com. Underemployment, which measures the number of Filipinos with jobs but still looking for additional income, also slipped to 17.5 percent this year from 19.5 percent in 2014.