More than half of PH families consider themselves poor

This is AI generated summarization, which may have errors. For context, always refer to the full article.

More than half of PH families consider themselves poor

An estimated 11.4 million families in the Philippines consider themselves poor, according to the results of the Fourth Quarter 2014 Social Weather Stations (SWS) survey. The figure corresponds to 52% of families in the Philippines. The results of the latest SWS survey showed record-high levels of poverty thresholds in various regions. This corresponds to the minimum monthly budget a household needs to not consider itself as poor. While the self-rated poverty rate for the last quarter of 2014 improved by 3 points from 55% in September, the average rate of families who consider themselves as poor for the entire 2014 increased from previous years.

Read the full story on Rappler.

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Download the Rappler App!