Wednesday, November 2, 2016

SWS reports historical low in poverty rate (or 42% of families)

Most probably still as a result of the policies of the past administration, SWS reports self-rated poverty by Filipino families at 42%. As the survey company happily reports: "This bettered the previous record-low of 43% in March 1987 and also in March 2010."

A country with 42% of families reporting being poor is not exactly good news, but is at least more truthful statistic compared with what the PSA offers for this data point (they don't do it in the "self-reported" manner).

Link: http://www.sws.org.ph/swsmain/artcldisppage/?artcsyscode=ART-20161013101158

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