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BusinessWorld E-paper

September 11, 2025

THE PHILIPPINES’ unemployment rate rose to a three-year high of 5.3% in July as a series of typhoons and monsoon rains dented hiring activity, the statistics agency said on Wednesday.

The number of jobless Filipinos increased to 2.59 million in July from 2.38 million a year prior and 1.95 million in June, preliminary data from the Philippine Statistics Authority’s (PSA) labor force survey showed.

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