SUBMERGED. The Pinacanauan River, one of Cagayan River’s tributaries, spills over its banks, bringing floodwater as high as the first floor of houses in the riversideSUBMERGED. The Pinacanauan River, one of Cagayan River’s tributaries, spills over its banks, bringing floodwater as high as the first floor of houses in the riverside

Unemployment eases to 4.4% in November 2025 despite Tino, Uwan’s impact on tourism

2026/01/07 13:10
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

MANILA, Philippines – Unemployment dropped to 4.4% in November 2025 amid seasonal employment during the holidays, the Philippine Statistics Authority reported on Wednesday, January 7.

The latest jobless rate is equivalent to 2.25 million Filipinos, lower than the 5% or 2.54 million jobless Filipinos recorded in October but higher than the 3.2% or 1.66 million unemployed Filipinos logged in November 2024.

Meanwhile, underemployment also eased to 10.4% or 5.11 million Filipinos from 12% or 5.81 million underemployed Filipinos recorded in October 2025.

National Statistician Dennis Mapa said the public administration and defense sector and the education sector added the most jobs year-on-year, employing around 185,000 and 176,000 more workers, respectively.

But the accommodation and food services sector as well as the wholesale and retail trade sector shed the most jobs as the economy grappled with the impact of Typhoon Tino (Kalmaegi) and Super Typhoon Uwan (Fung-wong) in November.

Image from Philippine Statistics Authority

Mapa said restaurants (-191,000), short-term accommodations (-76,000), and event catering (-23,000) shed the most jobs.

“Ang reading namin is that because of these [tropical cyclones], nagkaroon ng slowdown in economic activities related to tourism, doon sa accommodation services at of course, ‘yung retail trade,” he explained.

(Our reading is that there was a slowdown in economic activities related to tourism because of these tropical cyclones, particularly in accommodation services and of course, retail trade.)

The Department of Economy, Planning, and Development (DEPDev) also estimated that Tino and Uwan affected some 873,000 workers.

Must Read

2025: Another year of destructive storms for the Philippines

Mapa further noted that the agriculture and forestry sector has lost 517,000 jobs since October.

“Employment in the agricultural sector has always been sensitive to weather conditions,” he said in Filipino.

Despite disruptions in the construction sector due to the flood control scandal, Mapa said they did not see a correlation between the ongoing corruption probe and job losses. In fact, the construction sector added around 143,000 jobs between October and November.

To minimize business disruptions, DEPDev Secretary Arsenio Balisacan said the government will support businesses in crafting continuity and resiliency plans. He added that DEPDev is pushing for the full implementation of the Philippine Innovation Act to help develop more entrepreneurs and boost job demand.

The country’s chief economist also said the government is prioritizing investments in skills development and lifelong learning to empower workers and allow them to weather economic shocks.

Data from online job portal Jobstreet by SEEK found that candidates from call centers and customer service were the most active jobseekers on the platform, but administrative and office support roles were the most in-demand roles being recruited for.

Meanwhile, jobseekers were on the lookout for jobs in engineering and education.

“Strengthening workforce competitiveness is one of the key elements to attract investments that generate quality jobs,” Balisacan said. – with reports from Arriane dela Cruz/Rappler.com

Arriane dela Cruz is a Rappler intern. Learn more about Rappler’s internship program here.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MEXC Expands Zero Fee Tokenized Equities With Ondo Batch

MEXC Expands Zero Fee Tokenized Equities With Ondo Batch

TLDR MEXC lists 17 ERC20 tokenized US equities with 30-day zero fees All pairs trade in USDT and use MEXC proprietary liquidity tech Launch marks ninth Ondo Finance
Share
Coincentral2026/03/05 14:02
On the eve of Web4, a guide for ordinary workers to avoid being left behind.

On the eve of Web4, a guide for ordinary workers to avoid being left behind.

Author: TT3LABS, Web3/AI/SaaS Remote Recruitment Platform On February 26, 2026, fintech giant Block announced layoffs of over 4,000 employees, reducing its team
Share
PANews2026/03/05 14:22
Coinbase Issues Cryptocurrency Call to US Justice Department: “Solve Urgent Problems!”

Coinbase Issues Cryptocurrency Call to US Justice Department: “Solve Urgent Problems!”

The post Coinbase Issues Cryptocurrency Call to US Justice Department: “Solve Urgent Problems!” appeared on BitcoinEthereumNews.com. Coinbase, the largest cryptocurrency exchange in the United States, stated that there should be uniform cryptocurrency regulation in the country. At this point, Coinbase sent a letter to the US Department of Justice requesting that federal regulators prevent state regulations from conflicting with national crypto policies and ensure uniform regulatory clarity. Coinbase’s request comes after the state of Oregon filed a lawsuit against Coinbase for unregistered securities, despite the SEC withdrawing its lawsuit against the cryptocurrency exchange. Coinbase states that although the country’s top regulator, the SEC, withdrew its lawsuit, states are filing lawsuits in defiance of the SEC’s decision. In the letter, addressed by Coinbase Legal Counsel Paul Grewal, he stated: “Despite the Trump administration’s positive regulatory efforts, crypto companies are being negatively impacted by states’ flawed interpretations of securities laws and their divergent actions. If Oregon can sue us for services that are legal under federal law, we have a problem. It has long been clear that the current patchwork of state laws is not only inefficient, but also slows innovation and harms consumers. At this point, the Justice Department should take steps to address the pressing issues by calling on Congress to step in and enact comprehensive and uniform regulations.” Oregon Attorney General Dan Rayfield filed a lawsuit against Coinbase last April, alleging that Coinbase was promoting the sale of unregistered cryptocurrencies to individuals in Oregon. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/coinbase-issues-cryptocurrency-call-to-us-justice-department-solve-urgent-problems/
Share
BitcoinEthereumNews2025/09/18 05:06