The Philippines’ unemployment rate fell slightly to 4.7% in March from 4.8% in February, government data showed on Monday, May 8.
According to the Philippine Statistics Authority, the number of unemployed Filipinos stood at 2.42 million in March, compared to 2.47 million in February.
There were 5.44 million underemployed Filipinos, or an underemployment rate of 11.2%. This is lower than the 6.29 million, or 12.9%, posted in February.
The employment rate increased to 95.3% in March 2023, representing 48.58 million Filipinos, from 94.2% in the same period last year.
SUGGESTED STORIES:
Police Lt. Gen. Nartatez Replaces Torre as PNP Head
POLICE Lieutenant General Jose Melencio Nartatez Jr. has officially taken.
[UPDATED] WALANG Pasok! Class and work suspension on August 26, 2025
WALANG Pasok! Class and work suspension on August 26, 2025.
Who are the National Heroes of Gen-Zs?
TO BE A HERO for a country, one of the.
