Unemployment Rate 2024 Philippines 2024. The most recent value is 4.05 percent as of q1 2024, a decline compared to the previous value of 4.47 percent. 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.
According to the philippines statistics authority (psa), the survey revealed that the rate of employment in january 2023 was 0.3 points lower than that of this year. The philippines’ unemployment rate fell to 3.5 percent in february 2024 from 4.5 percent in january, the philippine statistics authority said.