MANILA, Philippines —The number of unemployed Filipinos decreased in August, the Philippine Statistics Authority (PSA) reported on Wednesday.
Data showed that unemployment dropped to 5.3 percent from July’s 6.0 percent. It is, however, higher than the 3.9 percent recorded a year earlier.
About 2.77 million jobless Filipinos were recorded in August, higher than the number of unemployed individuals in August last year at 2.03 million.
Underemployment, meanwhile, recorded a downtick of 11.9 percent from 12.9 percent a month earlier. It is, however, higher than the 10.7 percent in August 2025.
Employment slightly rose to 94.7 percent from 94.0 percent a month earlier but lower than the 96.1 percent a year earlier.
Labor force participation in August was recorded at 64.0 percent, higher than the 63.6 percent in July but lower than the 65.1 percent in August 2025.
