Core Viewpoint - The unemployment rate in the Philippines rose to 5.0% in October, marking an increase of 1.2 percentage points from September, with the unemployed population reaching 2.54 million [1]. Employment Data - The unemployment rate in October was 5.0%, up from 3.8% in September, with an increase of 580,000 unemployed individuals [1]. - The labor force participation rate decreased to 63.6%, down by 0.9 percentage points from September, indicating a weakening labor market [1]. Sector Analysis - The services sector employed the most individuals, with 29.46 million jobs, accounting for 60.6% of total employment [1]. - Agriculture and industry represented 21.5% and 17.9% of total employment, respectively [1]. - Employment in professional and technical activities, water supply and sewage treatment, and other service activities saw significant declines both year-on-year and month-on-month [1]. Employment Quality - The underemployment rate increased to 12.0%, rising by 0.9 percentage points from September, indicating that workers are seeking more hours or better job opportunities [1]. Youth Employment - The unemployment rate for the youth aged 15 to 24 reached 14.1%, an increase of 2.5 percentage points from September and higher than the 12.5% recorded in the same period last year [1].