PH unemployment rate rises to 4.3% in January

Philippines News News

PH unemployment rate rises to 4.3% in January
Philippines Latest News,Philippines Headlines
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THE country’s unemployment rate stood at 4.3 percent in January 2025, lower than in the same month of 2024, but higher compared to the last few months of the previous year.In a statement Thursday, March 6, 2025, the Philippine Statistics Authority said the labor force participation rate was recorded at 63.9 percent in January 2025.This translates to a total of 50.65 million Filipinos aged 15 and over who were in the labor force, or those who were either employed or unemployed. Of the 50.

7 percent in January 2024.The agriculture and industry sector remained the top sector in terms of the number of employed persons while the manufacturing sector recorded the highest annual decrease in the number of employed persons.From October 2024 to January 2025, the manufacturing, agriculture and forestry, administrative and support service activities, construction, and public administration and defense sectors posted the largest drop in the number of employed persons.

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