The Philippines’ unemployment rate in October decreases to 8.7% or about 3.8 million jobless Filipinos. This is lower than July’s 10% and April’s all-time high of 17.6%, but still higher than the 5.3% unemployment rate in January before the pandemic began. Double-digit unemployment rates remain in 3 regions: National Capital Region (12.4%), Ilocos Region (11.5%), and CALABARZON (11%). Moreover, despite the number of jobless Filipinos going down, the number of employed people who are still looking for additional jobs remains high.
