Philippines Unemployment Soars: Over 2 Million Filipinos Without Jobs

The Philippines grapples with a rise in unemployment. In April 2025, the unemployment rate climbed to 4.1%, a 0.1% increase compared to the previous year. This translates to over two million Filipinos without jobs, impacting various sectors. News5 interviewed Gerard de la Peña, who shed light on the situation. "The decrease in exports from the semiconductor industry has significantly impacted employment," he stated. The decline in rice prices also affected the agricultural sector, leading to job losses. The government is closely monitoring the situation and exploring solutions to address this pressing issue. While the challenges are significant, the focus on addressing the problem offers a glimmer of hope for the future.