Alarming drop: Over a million women exit workforce in January
The latest data from the Philippine Statistics Authority (PSA) reveals a concerning trend: over a million women left the workforce in January. This significant decline in female labor force participation should serve as a wake-up call for policymakers and employers to address the underlying factors contributing to this alarming development. (Read the BusinessMirror report, “PSA: Over 1-M women left workforce in January as holiday spending wanes,” March 9, 2024).