IP sector poorest in 2023 — PSA

IP sector poorest in 2023 — PSA – BusinessWorld Online
PHILIPPINE Indigenous Peoples (IPs) posted a poverty incidence of 32.4%, the highest out of 11 basic sectors in 2023, the Philippine Statistics Authority (PSA) reported on Monday.
This was followed by the fisherfolk sector at 27.4%, farmers at 27%, children at 23.4% and self-employed and unpaid family workers at 16.1%.
Other sectors such as senior citizens, formal labor and migrant workers, and individuals residing in urban areas posted the lowest poverty incidences among the basic sectors at 7.8%, 8.3 %, and 10.3%, respectively, the PSA said.
“A comparison of poverty incidences among the basic sectors from 2021 to 2023 reveals a decline across all sectors. In the same period, poverty incidence at the national level also declined by 2.6 percentage points,” it said. — Aubrey Rose A. Inosante