Unemployment Rate In The Philippines 2024 Psa. Philippines unemployment rate for 2020 was 2.52%, a 0.29% increase from 2019. The country’s unemployment rate in may 2024 was the highest in four months, according to the latest data released by the philippine statistics authority (psa).
The country’s unemployment rate surged to 4.7 percent in july 2024 from 3.1 percent in june as many fresh graduates entered the labor force but struggled to secure jobs. Manila, philippines — the country’s unemployment rate dropped to four percent in august as more women joined the labor force, according to the philippine statistics authority.
