National Statistician Dennis Mapa says a significant contribution to the higher unemployment rate are the 1 million fresh graduates who have not gotten jobs
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Employed Filipinos also took a dip, decreasing from 96.9% in June, equivalent to 50.28 million working Filipinos, to 95.3% in July, or 47.7 million workers. National Statistician Dennis Mapa attributed the higher unemployment rate to higher youth unemployment, which saw 1.02 million Filipinos aged 15 to 24 unemployed in July. This comprised around 43% of the total 2.38 million unemployed.
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