Unemployment Rate 2024 Philippines Today

Unemployment Rate 2024 Philippines Today. Unemployment rate in december last year fell to 3.1 percent, the lowest level recorded since 2005 while the employment rate rose to 96.9 percent. 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.


Unemployment Rate 2024 Philippines Today

The philippine labor market has shown signs of recovery, with the lowest estimated unemployment rate. Unemployment, total (% of total labor force) (modeled ilo estimate) in philippines was reported at 2.233 % in 2023, according to the world bank collection of development.

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