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Philippines' unemployment rose to 4.4% in Dec 2025, triggering a 9-month recession signal despite 4.4% GDP growth.
The Philippines' unemployment rate held steady at 4.4% in December 2025, with 2.26 million people unemployed—up from 2.25 million in November and significantly higher than 1.63 million in December 2024.
Despite a 4.4% GDP growth in 2025, down from 5.7% in 2024, the economy showed signs of slowing, with employment data triggering the Sahm recession indicator for nine months.
Analysts cite weak industrial performance, high taxes, low private investment, and rising public debt—reaching 63.2% of GDP by year-end—as key challenges.
The government plans to boost job creation by accelerating infrastructure projects and expanding key sector programs.
El desempleo de Filipinas aumentó al 4,4% en diciembre de 2025, provocando una señal de recesión de 9 meses a pesar del crecimiento del PIB del 4,4%.