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Philippines Jobless Rate Jumps to over Three-Year High of 5.8% in January - BusinessWorld Online

The agriculture sector lost 1.4 million jobs amid seasonal hiring declines and global challenges, causing unemployment to rise to 5.8%, the highest since June 2022, PSA said.

Summary by bworldonline.com
By Erika Mae P. Sinaking, Reporter The Philippines’ unemployment rate climbed to 5.8% in January 2026, marking its highest level in more than three years, as the labor market cooled after the holidays, the Philippine Statistics Authority (PSA) said on Friday. Preliminary results from the January 2026 Labor Force Survey (LFS) showed the number of unemployed Filipinos rose to 2.96 million, from 2.17 million in the same month last year, and 2.26 mi…

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GMA Filipino News broke the news in Quezon City, Philippines (the) on Friday, March 13, 2026.
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