Philippines: October jobless rate inches up to 3.9% due to multiple typhoons


Slowing market: People walk past shops along a street in Manila. Statistics show that fewer people were seeking work even as the unemployment numbers rose. — AFP

MANILA: The number of jobless Filipinos swelled in October while job quality worsened, coinciding with the decline in the number of jobseekers who were discouraged by the onslaught of powerful typhoons.

Results of a nationwide survey of 44,388 households showed there were 1.97 million people who were either unemployed or out of business in October, worse than the 1.89 million recorded in September, the Philippine Statistics Authority (PSA) reported last Friday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philippines , jobs , labour , employment

Next In Business News

Cheeding JV secures RM13.54mil contract from TNB
IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer

Others Also Read