Unemployment Rate 2024 Psa 2024. As a percentage of 50.40 million filipinos in the labor force, the number of jobless individuals translates to an unemployment rate of 4.7%, higher than the 3.1%. There were a total of 2.15 million unemployed filipinos which translated to an unemployment rate of 4.5 percent in january 2024.

The unemployment rate in july 2024 was estimated at 4.7 percent. The philippines’ unemployment rate fell to 4% in august 2024,largely due to a significant influx of filipino women who found jobs in the services sector, according to.