We also continued to see a trend of upward revisions in prior months, adding another 60,000 jobs to payrolls. The unemployment rate was 8.3 percent in February, as it was in January, but the unemployment rate has been moving down steadily for six months, and it is now at its lowest  2  BIS central bankers’ speeches  levels in three years.
With that, you can rest assured that the BSP will continue to strive for a regulatory environment that promotes the right balance of innovation, competition, and consumer protection. We also remain committed to establishing robust frameworks that protect the interest of all stakeholders.