Core Insights - The unemployment rate in the Philippines rose to 4.1% in April, marking the second consecutive month of increase, with the number of unemployed reaching 2.06 million [1] - The unemployment rates for February and March were 3.8% and 3.9%, respectively, indicating a month-over-month increase and a year-over-year rise of 0.1 percentage points [1] - The number of unemployed increased by 130,000 from March to April [1] Employment Sector Analysis - The services sector remains the largest employer in the Philippines, with 30.12 million jobs, accounting for 61.9% of total employment [1] - Agriculture and industry represent 20.6% and 17.5% of total employment, respectively [1] - From January to April, employment in agriculture, accommodation and food services, and transportation and warehousing saw a significant decline, while administrative and support services, construction, and fisheries experienced job growth [1] Employment Quality and Youth Participation - The underemployment rate in April rose to 14.6%, up from 13.4% in March, indicating that 7.09 million workers are seeking more hours or better job opportunities [1] - The labor force participation rate for the 15 to 24 age group increased from 29.4% to 31.8%, suggesting more youth are entering the labor market [1] - However, the unemployment rate for this age group also increased from 11.0% to 11.5%, reflecting heightened employment pressure among young individuals [1]