Philippine Unemployment Rate Climbs to 4.7% in April 2026
The Philippines' unemployment rate rose to 4.7% in April 2026, with 2.41 million Filipinos jobless, according to the Philippine Statistics Authority (PSA). This marks a deterioration from the previous year, with declines in retail trade and agriculture sectors cited as key factors.
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The Philippines' unemployment rate dropped to 4.7% in April, but underemployment surged to a record 7.41 million Filipinos. Job gains in services and manufacturing contrasted with losses in retail and fishing.