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Philippines' jobless rate eases to 3.8 pct in February

0 Comment(s)Print E-mail Xinhua, April 8, 2025
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MANILA, April 8 (Xinhua) -- The Philippines' unemployment rate in February reached 3.8 percent, down from 4.3 percent in January, the Philippine Statistics Authority (PSA) said Tuesday.

PSA Chief Dennis Mapa told a press conference that an estimated 1.94 million Filipinos were out of work in February, lower than the 2.16 million jobless Filipinos in January.

National Economic and Development Authority Secretary Arsenio Balisacan said the unemployment rate in February this year was higher than the 3.5 percent settled in February last year.

Balisacan said in a statement that the Philippine government aims to swiftly pursue initiatives and fast-track the implementation of projects generating high-quality jobs.

"The continued rollout and implementation of high-impact infrastructure flagship projects, particularly in energy, transport, and digital connectivity, will boost domestic employment and business activity," he said. Enditem

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