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)

Unemployment rate in July 2020 was estimated at 10.0 percent. This is higher than the unemployment rate of the same month a year ago placed at 5.4 percent, but lower than the record high 17.7 percent during April 2020.