MANILA – More Filipinos found jobs in the fourth quarter ahead of the busy Christmas season.
The unemployment rate continued to ease in October, now at just 5.6 percent compared with last year’s 6 percent and July’s 6.5 percent.
There were 39.8 million employed in the Philippines as of October, up slightly from the July figure of 39.2 million.
Based on global standards, a person is considered employed if he worked at least an hour in the past week.
Underemployment, or the number of people who have jobs but are still looking for other work, also fell to 17.7 percent compared with the over 18 percent from a year earlier.
There were 7.02 million underemployed in October versus 8.22 million in July.
Close to 60 percent of the underemployed worked for less than 40 hours a week. Most of the underemployed worked in the services and agriculture sectors.
The labor force participation rate was estimated at 63.3 percent.
Despite the decreasing jobless figures, the World Bank has said the Philippines still has a long way to go in providing better quality jobs to Filipinos.
The government has given up on its 7-8 percent growth target this year, saying the economy would likely expand 6-6.5 percent, which would still make the Philippines one of the few bright spots in Asia. — ABS-CBNnews.com with ANC, Reuters
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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