1.94 million Filipinos jobless in February 2025

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.