Skip to main content
See every side of every news story
Published loading...Updated

Philippines’ October Jobless Rate Jumps to 5% - BusinessWorld Online

Labor force grew by 1.04 million but only 463,000 jobs were created, raising unemployment to 5% and underemployment to 12%, Philippine Statistics Authority reported.

Summary by bworldonline.com
The number of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by 460,000, the Philippine Statistics Authority (PSA) reported on Wednesday, underscoring persistent vulnerabilities in the labor market despite headline job gains.  This brought the jobless rate to 5% from 3.8% in the previous month and 3.9% a year ago — close to the post-pandemic high posted in July, when u…

6 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left
50% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

bworldonline.com broke the news in on Wednesday, December 10, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal