Philippines jobless rate worsened to 4.3% in January.
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Unemployment rate rose to 4.3% in January
MANILA, Philippines — The number of unemployed Filipinos surged in January, the Philippine Statistics Authority (PSA) said on Thursday. The country's unemployment rate rose to a six-month high of 4.3 percent from 3.1 percent a month earlier but lower than the 4.5 percent recorded in January 2024. This is the highest rate recorded since July 2024 at 4.7 percent. This translates to 2.16 million Filipinos without jobs, 530,000 more than December's …
Philippines jobless rate worsened to 4.3% in January.
MANILA, Philippines — There were 2.16 million jobless Filipinos in January, up from 1.63 million unemployed in December as the wealth of seasonal jobs during the Christmas rush might have started to wane, the Philippine Statistics Authority (PSA) reported on Thursday. That was equivalent to an unemployment rate of 4.3 percent, worse than the 3.1
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