Unemployment Rate 2024 Philippines Update

Unemployment Rate 2024 Philippines Update. Rate of unemployment philippines 2022, by region. The philippines’ unemployment rate fell to 4.1 percent in may 2024, down from 4.3 percent in the same month last year, the philippine statistics authority said.

In the labor force survey of the philippine statistics authority (psa), the philippines’ unemployment rate improved to 3.1% in june 2024, equivalent to 1.62. Unemployment rate in january 2023 was estimated at 4.8 percent, translating to 2.37 million unemployed filipinos.