Unemployment Rate 2024 Philippines Today. This was lower than the reported unemployment rate in april 2023 and january 2024, both at 4.5. The number of unemployed persons increased to 2.38 million from 2.29.

According to the philippine statistics authority (psa), the philippines recorded a 3.1 percent unemployment rate in december 2023, significantly lower than. In december 2023, the philippines recorded the lowest unemployment rate since 2005 at 3.1%, indicating sustained enhancement in the labor market as more.