Story perspectives
Philippines Unemployment Falls to 3.8% Amid Job Growth
4/9/2025
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Story summary
- The Philippines' unemployment rate dropped to 3.8% in February 2025, down from 4.3% in January, with 1.94 million unemployed.
- Employment increased to 49.15 million, fueled by seasonal election jobs and growth in wholesale trade and construction.
- The underemployment rate fell to 10.1%, reflecting better job quality.
- The government aims to boost job opportunities through strategic investments and the Trabaho Para Sa Bayan Plan 2025-2034.
