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Unemployed Filipinos down in July 2022

THE number of unemployed Filipinos eased to 2.6 million in July this year, data from Philippine Statistics Authority (PSA) revealed Thursday.

According to the latest Labor Force Survey, this is a decrease of 5.2 percent compared to the 6.0 percent in June and 7.2 percent in July 2021.

Photo shows job seekers in a recent job fair held at Robinsons Galleria South in San Pedro, Laguna last July. According to the Philippine Institute of Development Studies, there is a job mismatch as 40 percent of Filipinos are found to be overqualified in their jobs. PHOTO BY AARON RONQUILLO