00:00The Philippines' unemployment rate eases to 5.3% in August 2026 as more Filipinos found work,
00:07particularly in the agriculture sector. The preliminary data from the Philippine
00:12Statistic Authority shows around 2.77 million Filipinos were unemployed in August,
00:17down from 3.14 million in July. The unemployment rate likewise fell from 6% in July when it hit
00:23its highest level in more than four years. But the August figure is worse than the 3.9%
00:29unemployment rate recorded in the same month of 2025. National statistician Dennis Mapa says
00:35the improvement from July was partly due to fewer fresh graduates entering the labor force
00:40after a surge to the previous month.
