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Philippines unemployment rate rose to 3.8% in February

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The Philippines’ unemployment rate rose to 3.8 percent in February 2025 from 3.5 percent a year earlier, the Philippine Statistics Authority (PSA) said Tuesday. The increase was mainly due to more young individuals seeking employment during that period, the National Economic and Development Authority (NEDA) said. – Advertisement – The figure, however, was lower than the 4.3 percent recorded in January, according to the latest Labor Force Survey. The PSA said the total number of unemployed individuals in February 2025 was 1.94 million, higher than the 1.80 million in February 2024 and lower than the 2.16 million in January 2025….

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