By Erika Mae P. Sinaking, Reporter
THE Philippine unemployment rate in March rose to 5%, as the number of jobless Filipinos jumped to 2.58 million amid the oil crisis, the Philippine Statistics Authority (PSA) said.
Preliminary results from the March 2026 Labor Force Survey released on Wednesday showed the jobless rate stood at 5% in March, much higher than the 3.9% in the same month a year ago but slightly better than the 5.1% in February.
“The unemployment rate stood at 5% which means 50 out of 1,000 individuals in the labor force did not have jobs or any business in March 2026,” National Statistician Claire Dennis S. Mapa said in a briefing.
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