Unemployment rate in Philippines hits 8.7 pct in April

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Manila

Around 4.14 million Filipinos were out of work in April, bringing the unemployment rate up to 8.7 percent in the Southeast Asian country, the Philippines Statistics Authority (PSA) said on Tuesday.

The performance “was substantially lower than the record high 17.6 percent in April 2020 but higher compared to the 7.1 percent reported in March 2021,” PSA Head Dennis Mapa said in an online briefing.

The total number of unemployed individuals above 15 years old was registered at 4.14 million in April, lower by 3.09 million from the record in April 2020, Mapa added.

Mapa said the employment rate in the country posted a month-on-month decline in April when the government reimposed stringent lockdown measures in Metro Manila and nearby areas because of surging Covid-19 cases.—Xinhua