The unemployment rate in the Philippines dropped to 3.2% in November 2024, down from 4.5% in the same month last year. This marked the lowest jobless rate since June, as the number of unemployed individuals decreased to a five-month low of 1.67 million from 1.83 million in November 2023, while employment fell to 49.54 million from 49.64 million.

Philippines unemployment rate for 2022 was 2.60%, a 0.8% decline from 2021. Philippines unemployment rate for 2021 was 3.40%, a 0.88% increase from 2020. Philippines unemployment rate for 2020 was 2.52%, a 0.29% increase from 2019. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

2025年1月8日 · The year-to-date average unemployment rate of 3.9% is well below the Philippine Development Plan’s 2024 full-year target range of 4.4% to 4.7%. With this, the total number of employed Filipinos as of November 2024 stands at 49.5 million, higher than 48.2 million in October 2024. This translated to an additional 1.4 million new jobs for the month.

2024年1月9日 · The Philippines’ labor market continues to improve with its unemployment rate reaching the lowest level since 2005 at 3.6 percent in November 2023. The latest unemployment figure translates to 1.83 million unemployed persons, significantly lower than the reported number of 2.18 million in November 2022 and 2.09 million in October 2023.

2024年12月16日 · MANILA — The sustained strength of the country’s labor market was evident in 2024 as the year-to-date unemployment rate dropped to 4.0%—well below the full-year target range of 4.4% to 4.7%. With this, the total number of Filipinos employed rose to 48.6 million from January to October 2024.

2024年2月7日 · 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 being hired. This brings the full-year 2023 unemployment rate to 4.3%, way below the government’s 5.3% to 6.4% target for 2023 and already within the 4.0% to 5.0% target for ...

Unemployment Rate for Philippines from Philippine Statistics Authority for the Labor Force Survey release. This page provides forecast and historical data, charts, statistics, news and updates for Philippines Unemployment Rate.

2024年8月7日 · In the Labor Force Survey of the Philippine Statistics Authority (PSA), the Philippines’ unemployment rate improved to 3.1% in June 2024, equivalent to 1.62 million Filipinos. This is lower...

2025年1月8日 · The Philippine Statistics Authority (PSA) said Wednesday the country’s unemployment rate decreased to 3.2 percent in November 2024 from 3.6 percent in the same month last year. The latest Labor Force Survey also showed a decline in the underemployment rate to 10.8 percent in November 2024 from 11.7 percent in November 2023, indicating better ...

2024年12月6日 · MANILA, Philippines — The Philippine Statistics Authority (PSA) on Friday, December 6, said the country’s unemployment rate increased to 3.9% in October 2024. The unemployment rate for...