Unemployment Rate 2024 Philippines

Unemployment Rate 2024 Philippines. This was lower than the recorded unemployment rate in march 2023 at 4.7 percent but was higher than the 3.5 percent estimate in february 2024. 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 monday.

The number of unemployed persons increased to 2.38 million from 2.29 million in july 2023,. The unemployment rate in the philippines rose to 4.7% in july 2024, slightly down from 4.8% in the corresponding month of the previous year.