Andrew Mark Barris

Pilipines unemployment, poverty higher in 2009 - WB

AS the effects of the global economic slowdown in the Philippines and in the world reach their height in 2009, the World Bank (WB) expects more Filipinos will become unemployed or underemployed and fall below the poverty line next year.

The WB, in an earlier report, said the Philippines poverty-incidence level was at 54.6 percent in 2006
at a poverty threshold of $1.25 a day.

poor country with ugly poor pignoys ^^

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