QUICK LOOK: February jobless rate eases from January, but remains above year-ago level

The unemployment rate in the Philippines declined to 3.8 percent in February 2025, easing from 4.3 percent in January, but edging up from 3.5 percent in February 2024, according to the Philippine Statistics Authority’s Labor Force Survey.

This translates to about 1.94 million jobless Filipinos—fewer than the 2.16 million recorded in January, but more than the 1.80 million registered a year earlier.

Employment, unemployment

  • The employment rate was 96.2 percent, slightly down from 96.5 percent, in February 2024, but up from 95.7 percent in January 2025.

  • Employed persons numbered 49.15 million, higher than 48.95 million a year ago and  48.49 million in January 2025. 

  • The unemployment rate stood at 3.8%, up from 3.5 percent in February 2024 but lower than 4.3 percent in January 2025. 

  • Unemployed persons totaled 1.94 million, up from 1.80 million (Feb 2024) and down from 2.16 million (Jan 2025).

Labor force participation

  • Labor Force Participation Rate (LFPR) was 64.5 percent, slightly lower than 64.8 percent a year ago but higher than 63.9 percent in the previous month. 

  • Total labor force numbered 51.09 million, up from 50.75 million in February 2024 and 50.65 million in January 2025. 

 Underemployment

  • Underemployment rate declined to 10.1%, from 12.4% (Feb 2024) and 13.3% (Jan 2025).

  • Underemployed persons were estimated at 4.96 million.

 Industry and sector insights

  • The services sector dominated employment at 61.6 percent, followed by agriculture (20.1 percent) and industry (18.3 percent).

  • Top 5 sub-sectors by annual job growth:

    • Accommodation & food service (+377K)

    • Fishing & aquaculture (+365K)

    • Public administration & defense (+330K)

    • Construction (+258K)

    • Other service activities (+232K)

  • Top 5 sub-sectors with annual job losses:

    • Agriculture & forestry (-949K)

    • Administrative & support services (-201K)

    • Transportation & storage (-158K)

    • Wholesale & retail trade (-77K)

    • Professional, scientific, and technical activities (-68K)

Employment type breakdown

  • Wage and salary workers comprised 63.2 percent of employed persons:

    • Private establishments: 77.3 percent of wage/salary workers or 48.8 percent of all employed

    • Government/government-controlled corporations: 14.7 percent of wage/salary workers or 9.3 percent of total employed

  • Self-employed without paid employees: 28.2 percent

  • Unpaid family workers: 6.6 percent

  • Employers in own business: 2.0 percent

— Ed: Corrie S. Narisma

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