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1.94 million Filipinos jobless in February 2025
April 09, 2025
|The Freeman
The Philippine Statistics Authority (PSA) said on Tuesday, April 8, that there were 1.94 million jobless Filipinos in February 2025, translating to an unemployment rate of 3.8%.
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This is a higher, year-on-year unemployment rate. In February 2024, the unemployment rate was 3.5%. However, the unemployment rate in February 2025 is still a decrease compared to January 2025’s rate, which was 4.3%.
The PSA stated that the country’s employment rate for February 2025 is 96.2%, which translates to 49.15 million employed people. This is slightly lower compared to the same period in 2024, which was at 96.5%. The employment rate for January 2025 was 95.7%.
Meanwhile, the country’s underemployment rate decreased, dropping from 13.3% in January 2025 to 10.1% in February 2025.
This means that 4.96 million people out of the country’s 49.15 million-strong workforce expressed the need for additional work hours or a second job.
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