November 2024 Labor Force Survey

Unemployment in Southeast Asia

January 16, 2025

The Philippines has the second highest unemployment rate in the region, despite the Marcos Jr administration’s hype of a “robust” labor market.

Shape of labor

January 16, 2025

The decline in employment in November 2024 shows that hyped rapid economic growth is jobless. Labor force participation has also shrunk, likely including many Filipinos discouraged from actively seeking work due to the lack of decent job opportunities. Most Filipinos lack savings and are so poor that they can’t afford to be unemployed. But because […]

Filipino workers struggling despite reported drop in unemployment, underemployment — IBON

January 8, 2025

The decline in unemployment and underemployment should be a positive development, but it seems that millions of Filipinos are still not feeling the benefits of a “robust” labor market.