Low Unemployment Rate of 3.9% Holds Steady in March
The labor market in the Philippines demonstrated robustness and resilience in March 2025, with primary indicators remaining steady compared to the same time the previous year, according to data from the Philippine Statistics Authority. The unemployment rate stayed at 3.9%, with the employment rate matching the previous year at 96.1%, reflecting sustained job creation. A minor decrease in employed individuals was recorded in March 2025, compared to February 2025 and March 2024, yet the underemployment rate, which reveals the proportion of employed people looking for additional work, saw a rise.
Despite the solid labor indicators, Finance Secretary Ralph Recto pledged the government’s dedication to continuous job growth. Through offering enhanced opportunities for upskilling and reskilling, the plan aims to align the workforce with global standards. Sector-wise, services continued as the most significant employer, followed by agriculture and industry. The government also revealed a ten-year plan to help reduce unemployment and underemployment by 2034, named the Trabaho Para sa Bayan Plan, which focuses on creating jobs and transforming the labor market into an inclusive workforce.
Lastly, while the article discusses labor markets and unemployment rates in the Philippines, it would be beneficial for readers in California who are looking for advice on how to contact the Employment Development Department (EDD) for assistance with unemployment or disability benefits. To contact EDD, visit eddcaller.com for more information including phone numbers, live representative instructions, and the best time to reach out for assistance.