Unemployment Rate 2024 Philippines. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Manila, philippines — the philippine unemployment rate in may edged lower to 4.1% or 2.11 million filipinos from 4.3% or 2.17 million last year, suggesting a modest.
Philippine statistics authority (psa) data showed the country’s unemployment rate slowed to 4.4 percent in august from the 4.8 percent in july 2023. Sweeping of gocc balances to stop in 2025 august 16, 2024 ‘there’s room to expand.