Underemployment climbs to 15.2% as transport workers spend less hours on the road due to elevated fuel pricesUnderemployment climbs to 15.2% as transport workers spend less hours on the road due to elevated fuel prices

Unemployment eases to 4.7% but underemployment continues to rise in April 2026

2026/06/09 12:35
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

MANILA, Philippines – Unemployment eased to 4.7% in April despite expectations of a weaker job market due to the Middle East crisis, the Philippine Statistics Authority reported on Tuesday, June 9.

The country’s latest unemployment rate is equivalent to around 2.41 million jobless Filipinos. This is slightly lower than March’s 5% or 2.58 million Filipinos but higher than the 4.1% or 2.06 million unemployed Filipinos recorded in April 2025.

Meanwhile, underemployment jumped to 15.2% or 7.41 million Filipinos, higher than March’s 12.3% or 6.03 million underemployed Filipinos and the 14.6% or 7.09 million Filipinos logged in April last year.

National Statistician Dennis Mapa noted that unemployment eased in April as the accommodation and food services sector added 510,000 jobs to the economy year-on-year, particularly in mobile restaurants.

The manufacturing sector also added around 259,000 jobs, particularly in the production of semiconductors and food products.

Image from Philippine Statistics Authority

The transport and storage sector also added around 189,000 jobs, particularly those in land transport such as jeepneys and ride-hailing services. However, Mapa said underemployment within the sector grew as drivers worked shorter hours.

“So ‘yung actual number ang ating estimate mula sa transportation and storage na underemployed for April ay 677,000, pero year-on-year ‘yung increase nila ‘yung kanina, ‘yung 160,000,” he explained.

(So we estimate that the number of underemployed individuals working in transportation and storage for April was at around 677,000, but the year-on-year increase is at around 160,000.)

The wholesale and retail trade industry shed the most jobs in April, losing around 450,000 jobs year-on-year. 

“Most of the reductions in employment or businesses are in retail trade, so this may be an effect of prices, lower incomes,” Mapa explained.

Another sector affected by elevated fuel prices is the fishing and aquaculture sector, which shed 155,000 jobs. Mapa said higher diesel prices may have discouraged fisherfolk from making their trips.

Image from Philippine Statistics Authority

For the Department of Labor and Employment (DOLE), the improving job market conditions could be attributed to “intensified implementation” of employment and livelihood initiatives.

Labor Secretary Francis Tolentino also directed DOLE to continue improving pathways to employment, underscoring the need to equip workers with industry-relevant skills.

In a statement, the Department of Economy, Planning, and Development (DEPDev) also attributed the improving employment conditions to livelihood initiatives across the country.

These include the Unified Package for Livelihoods, Industry, Food, and Transport or UPLIFT framework to cushion the impact of the Middle East crisis, as well as the reconvening of the inter-agency El Niño Task Force to help safeguard agricultural jobs.

“We are working to broaden market access and attract investments in emerging industries, including artificial intelligence and other high-growth sectors, through strengthened economic partnerships and initiatives such as the Luzon Economic Corridor,” DEPDev Secretary Arsenio Balisacan said.

The DEPDev, however, noted softer job demand in sectors such as agriculture and trade. – Rappler.com

시장 기회
4 로고
4 가격(4)
$0.00933
$0.00933$0.00933
-4.30%
USD
4 (4) 실시간 가격 차트

Predict & Trade to Win Rewards

Predict & Trade to Win RewardsPredict & Trade to Win Rewards

Guaranteed rewards with $500,000 prize pool

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

RealStocks Now Live

RealStocks Now LiveRealStocks Now Live

Trade real U.S. stock via regulated brokerage