Philippines' unemployment rate jumps to 5.8% in January 2026 amid agriculture losses

The Philippines' unemployment rate surged to 5.8% in January 2026—the highest since June 2022—up sharply from December 2025's 4.4%, according to the Philippine Statistics Authority. This affected 2.96 million unemployed Filipinos, with agriculture losing 1.42 million jobs due to weather disturbances.

On March 13, 2026, the Philippine Statistics Authority (PSA) reported the unemployment rate climbed to 5.8% in January 2026, a significant increase from 4.4% in December 2025 and 4.3% in January 2025. This equates to 2.96 million unemployed individuals, up from 2.26 million the prior month and 2.17 million a year earlier.

Underemployment rose to 13.2%, impacting 6.35 million Filipinos, compared to 8% in December. While sectors like administration and support services (+403,000 jobs), public administration (+342,000), and manufacturing (+326,000) posted gains, agriculture and forestry shed 1.42 million jobs due to weather disturbances.

Deputy National Statistician Divina Grace del Prado attributed the agriculture decline to seasonal patterns disrupted by weather, noting typical hiring rises in 'ber' months were absent. She also flagged risks from Middle East conflicts, potentially affecting March data via OFW repatriations amid inflation and oil prices.

"Pag ganitong tumataas ang presyo ng langis, lalo na affected ‘yung ating mga OFWs na may mga na-repatriate na rin, it might affect our labor market," she said.

The Department of Economy, Planning, and Development (DEPDev) outlined support measures amid global uncertainties. Secretary Arsenio Balisacan emphasized economic diversification, investment attraction in high-productivity sectors, tackling high power rates, and skilling programs for job seekers, including repatriated OFWs, for higher-value jobs or entrepreneurship.

"Our priority is clear: create more and better jobs at home, strengthen industries, equip our workers with the skills needed for higher-value employment, and ensure that those affected by global disruptions, including OFWs, can transition smoothly into productive opportunities here in the Philippines," he said.

Artigos relacionados

Illustration of job seekers facing declining employment opportunities with a graph showing falling job offers.
Imagem gerada por IA

Ofertas de emprego caem 6,1% em junho, marcando oito meses seguidos de queda

Reportado por IA Imagem gerada por IA

O Índice de Anúncios de Emprego do Banco Central atingiu 70,7 pontos em junho, uma queda de 6,1% em relação ao ano anterior. A taxa de desemprego atingiu 9,4% no trimestre de março a maio, a maior desde 2021.

The Philippine labor market showed resilience in April as the unemployment rate declined to 4.7 percent, the first time it has fallen below 5 percent this year.

Reportado por IA

O Instituto Nacional de Estatísticas informou que a taxa de desemprego atingiu 9,1 por cento no trimestre de fevereiro a abril de 2026. O número representa um aumento de 0,3 ponto percentual em doze meses e é o mais alto desde o trimestre de abril a junho de 2021.

A new analysis shows that an oil shock may drive more than 396,000 low-income households in the Philippines below the poverty line through higher food and transport costs.

Reportado por IA

The Philippines has been reclassified by the World Bank as an upper-middle-income economy. The change reflects a gross national income per capita of $4,850, exceeding the $4,636 threshold.

Este site usa cookies

Usamos cookies para análise para melhorar nosso site. Leia nossa política de privacidade para mais informações.
Recusar