THE Philippine Statistics Authority (PSA) noted that the Philippines' unemployment rate increased in April.

According to the data from the PSA, the jobless rate is at 4% in April, higher than the 3.9% recorded in March.

The 2.04 million unemployed Filipino workers in April is slightly up compared to the 2 million jobless workers in March.

Also, the underemployment rate increased to 14.6% in April 2024 from 12.9% in April 2023 and 13.9% in January 2024.

“In terms of magnitude, 7.04 million of the 48.36 million employed individuals expressed the desire to have additional hours of work in their present job or to have additional job, or to have a new job with longer hours of work in April 2024,” the Philippine Statistics Authority said. 

The PSA also said that the services sector had the highest number of jobs, making up 61.4% of the total employment numbers, followed by agriculture at 20.3 percent and industry at 18.3 percent.