Unemployment Rate 2024 Philippines Update. 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. 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.
Manila, philippines โ the number of jobless filipinos has increased in march 2024, posting an unemployment rate of 3.9%, the philippine statistics authority (psa) reported on wednesday. It was reported that the philippinesโ employment rate was recorded at 96% in april, higher than the 95.5% estimated in the same month last year, the philippine statistics.
