Self-rated poverty rate drops to record low 38% – SWS survey

MANILA, Philippines - The number of Filipinos who consider themselves poor hit a new record low of 38 percent, or some 9.5 million families in the first quarter of 2019, a Social Weather Station (SWS) survey released Tuesday night showed. The latest figure is12 points below the 50 percent recorded in December 2018, and 4 points below the previous record low of 42 percent in September 2016 and March 2018. "The new record-low Self-Rated Poverty score is a continuing recovery from the 10-point rise within the first three quarters of 2018," the survey noted. Of the 38 percent self-rated poor families, 26 percent said they were "always poor," 6 percent claimed they used to be non-poo...

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