The country’s unemployment rate climbed to 5.3 percent in July from 4.1 percent in April and 4.7 percent in July last year, as labor force participation dropped, the Philippine Statistics Authority (PSA) reported on Wednesday.
In absolute terms, the number of jobless Filipinos rose to 2.59 million, compared with 2.06 million in April and 2.38 million in the year-earlier period, the PSA said.
PSA data also showed the labor force participation rate (LFPR) in the period under review slipped to 60.7 percent from 63.7 percent in April 2025 and 63.5 percent in July 2024.
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