07/08/2026
📊 Philippine labour supply is growing faster than employment — and the gap is getting harder to ignore.
What happened: June unemployment rose to 4.9%, representing 2.59 million Filipinos, even as employment climbed to 50.66 million. Underemployment stayed elevated at 12.1%, and youth employment fell noticeably from a year ago. Accommodation, administrative support, and education added jobs — while retail, financial services, and construction saw sharp annual declines.
Why it matters: The real challenge isn't just creating . It's matching a fast-growing workforce to suitable, adequately paid opportunities — quickly enough to keep up.
This is exactly where comes in. Our AI-powered candidate-employer matching is built for precisely this problem — connecting the right talents with the right roles, accurately and fast, so spend less time searching and more time interviewing.
Our move: We're prioritising growing service sectors and youth hiring, and putting BossAI to work qualifying and screening a larger applicant pool — faster and more accurately. For employers, that means we're shifting the conversation from "how many applications came in" to shortlist quality, response time, and interview conversion.
💬 What's your read — is the bigger problem too few jobs, or too much mismatch between what job seekers offer and what employers actually need?
Check the comments section for the full PSA report.
