The country’s unemployment rate in October 2020 was estimated at 8.7 percent. This is equivalent to 3.8 million unemployed Filipinos who are 15 years old and over. This unemployment rate is the lowest since April this year although it is still higher than the 4.6 percent (or about 2.0 million unemployed Filipinos who are 15 years old and over) in the same period a year ago. (Table A)