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Jobless rate drops to 2-month low

8 April 2025
in Business
Reading Time: 6 mins read
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Jobless rate drops to 2-month low
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By Chloe Mari A. Hufana, Reporter

THE JOBLESS RATE slipped to a two-month low in February, as more Filipinos joined the labor force ahead of the summer season and midterm elections, the statistics agency said on Tuesday.

At the same time, the underemployment rate — an indicator of job quality — fell to a nine-month low of 10.1%.

Preliminary data from the Philippine Statistics Authority’s (PSA) Labor Force Survey (LFS) showed the jobless rate stood at 3.8%, easing from 4.3% in January.

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