Unemployment climbs to 4.3% in January 2025 amid manufacturing job losses

Philippine Unemployment Rate News

Unemployment climbs to 4.3% in January 2025 amid manufacturing job losses
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While agriculture jobs rebounded after consecutive tropical cyclones in 2024, the manufacturing sector lost 209,000 jobs year-on-year

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Unemployment rose from an all-time low of 3.1% in December 2024 to 4.3% in January 2025, which translates to 2.16 million jobless Filipinos. Underemployment also climbed to 13.3% from December’s 10.9%. By region, Bicol logged the highest unemployment rate at 6.5%, while the Zamboanga Peninsula’s 2.3% jobless rate was the lowest in the country in January.

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