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News Article: https://www.philstar.com/business/2022/10/06/2214703/jobless-rate-worsens-august-adding-pressure-inflation-hit-workers Relate the given news article to the lessons under 'Macroeconomic Problems on Unemployment and Inflation' (Principles of Macroeconomics, Chap 8 & 9.

News Article:

https://www.philstar.com/business/2022/10/06/2214703/jobless-rate-worsens-august-adding-pressure-inflation-hit-workers

  • Relate the given news article to the lessons under 'Macroeconomic Problems on Unemployment and Inflation' (Principles of Macroeconomics, Chap 8 & 9.
  • Indicate briefly the relationship of unemployment and inflation in the Philippines.

Include credible references if there is any.

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