Unemployment Rate 2024 Philippines. This was lower than the recorded unemployment rate in march 2023 at 4.7. 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.

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. The unemployment rate in the philippines fell to 3.1 percent in june 2024 from 4.1 percent a year ago, the philippine statistics authority said wednesday.