Self-Rated Poverty Numbers Up, as Inflation and Unemployment Take Toll

Despite President Rodrigo Duterte’s high ratings, social tension may be brewing based on several statistics. Self-rated poverty as polled by the Social Weather Station during the first quarter of 2017 is at 50%, a 6%-increase from the previous quarter that reverses the trend since 2014. This is probably related to the increase in inflation from a low 1.4% in 2015 to the current 3.4%. Employment numbers have also been declining since July 2016…

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