Unemployment Rate 2024 Philippines Update

Unemployment Rate 2024 Philippines Update. The philippines' unemployment rate fell in september but underemployment climbed, the philippine statistics authority said on wednesday. The philippines economic update (peu) summarizes key economic and social developments, important policy changes, and the evolution of external conditions over the past six months.


Unemployment Rate 2024 Philippines Update

In december 2023, the philippines recorded the lowest unemployment rate since 2005 at 3.1%, indicating sustained enhancement in the labor market as more filipinos are. In a briefing, psa undersecretary and national statistician dennis mapa said the country’s unemployment rate was estimated at 4.0 percent, down from the recorded 4.5.

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