Wed. May 18th, 2022

The number of Filipinos without work increased by 30,000 to 3.76 million in June, according to the Philippine Statistics Authority (PSA) reported on Tuesday.

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This, according to the PSA, is equivalent to an unemployment rate of 7.7 percent.

However, while the 3.76 million was only 30,000 more from the 3.73 million in May, the unemployment rate remained the same as the previous as the labor force expanded in June.

Dennis Mapa, the National Statistician, said the labor force population, which represents the Filipinos aged 15 and above who were active in the labor market, increased to 48.84 million in June, or up by about 390,000 from May’s 48.45 million.

He added that when the strictest enhanced community quarantine (ECQ) was reimposed in National Capital Region (NCR) Plus last April, 4.14 million Filipinos were reported without jobs for an unemployment rate of 8.7 percent during the same month.

This made it hard for those looking for work to land jobs, which is a sentiment echoed by the country’s economic managers.

In a joint statement, the country’s economic manager said the June LFS (labor force survey) showed “the limits of job creation without major relaxations in quarantine restrictions, especially in the NCR.”

“With the emergence of the Covid-19 Delta variant, the government has prioritized arresting the spread of this more contagious virus through more proactive quarantines in high-risk areas and an accelerated vaccination program. These actions are crucial in ensuring that economic gains in recent months will resume once we have addressed this current threat,” the country’s economic managers said in a joint statement.

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