00:00The Philippine Statistics Authority reports unemployment rose slightly to 5.4% in September
00:062026, which means 2.86 million Filipinos were jobless last month. That's compared to 2.77
00:15million Filipinos unemployed last August. The latest unemployment rate is much higher than
00:20September last year, which was at 3.8% when 1.96 million Filipinos were jobless.
00:26That increase represents some 909,000 more unemployed Filipinos compared to this time
00:33last year. This means more Filipinos are joining the workforce than there are jobs being created.
00:39National statistician Dennis Mapa attributes the decline partly to slowing government
00:44construction projects and higher construction material costs. The PSA also reports a substantial
00:50drop in employment of clerical support workers, which includes the BPO industry.
00:56Let's get started!
00:56I think it was a major hit by Moonlight, which I could already see.
00:57I just saw this as a plan, but we found this time.
