Philippines' unemployment rate drops to 3.9% in May

Harvest season brings unemployment down to 3.9% in May 2025

MANILA, Philippines – Unemployment in the Philippines dropped in May as the agriculture sector rebounded from months of job losses, the Philippine Statistics Authority (PSA) reported on Tuesday, July 8. The country’s jobless rate slipped to 3.9% in May from 4.1% in April, translating to around 2.03 million Filipinos. Underemployment also dipped to 13.1% month-on-month, but jumped year-on-year from 9.9% in May 2024. National Statistician Dennis M…

Philippines' unemployment rate drops to 3.9% in May

MANILA, Philippines – The country’s unemployment rate fell to 3.9 percent in May, from 4.1 percent in the preceding month, the Philippine Statistics Authority (PSA) reported on Tuesday. This means there were 2.03 million jobless individuals in May, down from 2.06 million before. READ: Jobless rate in PH down to 4.5% in April Job quality

Jobless rate down 3.9% in May

MANILA, Philippines — The country's labor market improved in May, the Philippine Statistics Authority (PSA) reported on Tuesday, as the rate of unemployed Filipinos dropped to 3.9 percent.The country’s unemployment rate was recorded at 3.9 percent, down from 4.1 percent a month and year earlier.This translates to 2.03 million unemployed Filipinos, lower than the 2.11 million recorded in the same month last year.Meanwhile, underemployment — which…

Philippines' unemployment rate fell to 3.9 percent in May 2025 - Manila Standard

The Philippines' unemployment rate dropped to 3.9 percent in May 2025, down from 4.1 percent in April and 4.1 percent a year ago, the Philippine