Philippine Jobless Rate Rises to 5.4% in September Amid Labor Force Surge
The Philippines' unemployment rate climbed to 5.4% in September, an increase from the previous month and the same period last year, according to the Philippine Statistics Authority (PSA). Despite a rise in the labor force, job creation failed to keep pace, pushing the number of jobless Filipinos to 2.86 million, with businesses adopting a cautious stance on expansion.
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