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The Philippine Statistics Authority (PSA) on Thursday release latest labor force survey showing unemployment accelerated in August compared to the previous month.

Unemployment is at 8.1 percent for the month of August compared to 6.9 percent in July, which means 3.88 million Filipinos were jobless for the month, National Statistician Dennis Mapa said in a  press briefing.

Underemployment, meanwhile, hit 14.7 percent for the month, lower compared to the 20.9 percent in July. This means about 6.48 million were underemployed or needing more work hours or opportunities.

The employment rate reached 91.9 percent in August, lower compared to the 93.1 percent in July, the PSA said. This translates to 44.23 million employed individuals.