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Philippines' unemployment fell to 3.9% in August 2025, driven by growth in agriculture, construction, and services.
The Philippines' unemployment rate dropped to 3.9% in August 2025, with employment rising to 50.10 million, driven by growth in agriculture and construction, according to the Philippine Statistics Authority.
Malacañang credited government job fairs and ongoing efforts for the improvement, noting sustained progress in the services sector, which employs 61.5% of workers.
Meanwhile, President Marcos signed new energy agreements to reduce oil dependence, ACEN invested in a solar project, and Siemens Healthineers plans to expand helium-free MRI access.
Despite gains, the country faces challenges including a declining economic freedom ranking and shifting media consumption toward digital platforms.
El desempleo de Filipinas cayó al 3,9% en agosto de 2025, impulsado por el crecimiento en la agricultura, la construcción y los servicios.