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2.76 million jobless in April as unemployment eases to 5.7 percent: PSA

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Jessica Fenol, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Workers are seen on top of a construction site in Pasig City on May 27, 2022. George Calvelo, ABS-CBN News/File" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/news/06/10/20220527-business-economy-dailies-gc-10.jpg"/><figcaption>Workers are seen on top of a construction site in Pasig City on May 27, 2022. <em>George Calvelo, ABS-CBN News/File</em></figcaption></figure></div><p>MANILA - Some 2.76 million Filipinos were jobless in April as the unemployment rate eased to 5.7 percent for the month, the Philippine Statistics Bureau said Friday.</p><p>The total is lower than the 8.7 percent unemployment rate in April 2021 equivalent to 4.14 million jobless Filipinos, based on the PSA&#x27;s Labor Force Survey.</p><p>April 2022&#x27;s unemployment rate is also an improvement compared to the 6.4 percent rate in January, equivalent to 2.93 million, and the 5.8 percent rate in March which translates to 2.87 million people with no jobs.</p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Unemployment eased to 5.7 percent in April <a href="https://twitter.com/ABSCBNNews?ref_src=twsrc%5Etfw">@ABSCBNNews</a> <a href="https://t.co/OB4QPu8nqA">https://t.co/OB4QPu8nqA</a> <a href="https://t.co/JafxNPAqly">pic.twitter.com/JafxNPAqly</a></p>— Jessica Fenol (@JessFenol) <a href="https://twitter.com/JessFenol/status/1535066690035523584?ref_src=twsrc%5Etfw">June 10, 2022</a></blockquote><ul class="op-related-articles">	<li><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8" type="text/javascript"></script><a href="https://news.abs-cbn.com/business/05/06/22/287-million-filipinos-jobless-in-march-psa">Unemployment eases to 5.8 pct in March with 2.87 million Filipinos jobless</a></li></ul><p>The employment rate for the month hit 94.3 percent equivalent to 45.63 million which is higher than the 91.3 percent of 43.27 million in April 2021 and the 93.6 percent or 43.02 million in January, the PSA said.</p><p>In March, the employment rate was at 94.2 percent or 46.98 million, data showed.</p><p>The higher number of people with jobs can be attributed to the increase in workers during the harvest season as well as the rise in the retail and trade, food outlets and door-to-door retailers for the period, National Statistician Dennis Mapa said.</p><div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/06/10/20220610-employment-rate.jpg" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/06/10/20220610-employment-rate.jpg"/><figcaption>Employment rate in April. <em>Chart: PSA</em></figcaption></figure></div><p>The underemployment rate, or the number of people seeking more jobs or job hours, was at 14 percent for the month, equivalent to 6.40 million, lower than the 17.2 percent or 7.45 million in April 2021, data showed.</p><p>Mapa said the main sources of underemployment were the agriculture and forestry sectors.</p><div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Underemployment rate in April. Chart: PSA" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/06/10/20220610-underemployment-rate1.jpg"/><figcaption>Underemployment rate in April. <em>Chart: PSA</em></figcaption></figure></div><p>Unemployment in the Philippines ballooned during the COVID-19 pandemic but the tally has since recovered.</p><p>However, several firms have flagged the increasing number of <a href="https://news.abs-cbn.com/business/04/28/21/pandemic-scarring-effect-philippine-jobs" target="_blank">low-quality</a> jobs brought about by the pandemic. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/07/21/21/job-market-low-quality-pasajob">Job market quality hasn&#x27;t recovered despite lower unemployment: jobs app founder</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1731541" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Some 2.76 million Filipinos were jobless in April as the unemployment rate eased to 5.7 percent for the month, the Philippine Statistics Bureau said Friday.

2.76 million jobless in April as unemployment eases to 5.7 percent: PSA

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2.76 million jobless in April as unemployment eases to 5.7 percent: PSA

Jessica Fenol,

ABS-CBN News

Published Jun 10, 2022 09:29 AM PHT

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Updated Jun 10, 2022 10:39 AM PHT

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