Unemployment in the country has risen sharply in July, driven by a series of typhoons that severely impacted key sectors and forced many out of work, according to the Philippine Statistics Authority (PSA) The Philippine unemployment rate rose to 5.3 percent in July 2025, from 4.7 percent in July...
Coupled with an increase in unpaid workers, the number of jobless Filipinos swelled by more than 300,000 to 1.95 million in June from 1.62 million a year ago, with the online gambling sector partly contributing to the pool of unemployed. Preliminary data from the Philippine Statistics Authority...
The Philippines' economic growth would fall below expectations in the next two years as the threat of a global trade war intensifies, according to the International Monetary Fund (IMF). In its April 2025 World Economic Outlook (WEO) report, published on Tuesday night, April 22 (Philippine time),...
Senators on Wednesday, April 9 welcomed the continued decline in the unemployment rate in the country which dropped to 3.8 percent in February 2025. “The continued decline in the unemployment rate to 3.8 percent in February, down from 4.3 percent along with the decrease in underemployment...
House Speaker Martin Romualdez (Speaker’s office) For House Speaker Martin Romualdez, the falling unemployment rate is proof that the Marcos administration's policies are uplifting Filipinos. Romualdez on Tuesday, April 8, welcomed the...
Jobless Filipinos increased in number to 1.94 million in February 2025 from 1.8 million last year, as the job market struggled to absorb over 40 percent of new job seekers. According to the Philippine Statistics Authority (PSA), the February 2025 figure reflects an increased annual unemployment...
Panfilo "Ping" Lacson (center) (Ellson Quismorio/ MANILA BULLETIN) PILI, Camarines Sur--has the glut of financial assistance or "ayuda" that's available to Filipinos cause unemployment rate to rise? This was raised by Alyansa para sa...
Filipinos seek employment opportunities as the nation's labor force participation rate rises. Over half a million Filipinos were added to the total number of jobless individuals in January 2025, according to the Philippine Statistics Authority (PSA). This rapid multiplication of unemployed...
When asked on the key issue candidates must champion in the midterm elections, business magnate Manuel V. Pangilinan, or MVP, didn’t mince words; and he called it as it is: voters must see through the hollow promises, and leaders must do more than talk; they must create quality jobs. Government...
President Marcos' chief economic manager is optimistic that joblessness this year will be even lower than the administration's 2025 goal, following last year's two-decade low unemployment rate. Department of Finance (DOF) Secretary Ralph G. Recto confirmed to Manila Bulletin on Friday, Feb. 7, that...
With about 50 million Filipinos with jobs in 2024, the country recorded its highest employment rate in 20 years, according to the Philippine Statistics Authority (PSA). Of the working population, 96.2 percent landed a job in 2024, a share higher than 2023’s 95.6 percent. This is the highest jobs...
The unemployment rate for December last year went down to 3.1 percent, the Department of Labor and Employment (DOLE) said on Thursday, Feb. 6. DOLE Secretary Bienvenido E. Laguesma said the latest Labor Force Survey (LFS) showed a decrease from 3.2 percent in November 2024, reflecting sustained...
