2024 Unemployment Rate Philippines Today. 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. “ilo modelled estimates and projections database ( iloest )”.

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. 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.