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IBON Executive Director on the 2021 3rd quarter GDP growth

November 9, 2021

by IBON Foundation

TEXT WITH PHOTO:

"We're seeing jobless growth at its fiercest. The economic managers pat themselves on the back for reported 7.1% GDP growth in the third quarter.

But employment fell by 1.2 million between the second and third quarter, and unemployment increased to 4.3 million in September 2021 or the highest reported since July 2020.

The strategy is wrong. The results are clear."

IBON executive director Sonny Africa on the 2021 3rd quarter GDP growth

economic recovery GDP growth jobless growth unemployment

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