Unemployment Rate 2024 Philippines. In september 2024, the philippines’ labor market remained strong with the unemployment rate dropping to 3.7% from 4.0% in the previous month and 4.5% from. Manila, philippines — the number of jobless filipinos has once again surged in april 2024, registering a 4.0% unemployment rate, the philippine statistics authority (psa) reported on thursday.
The labor force participation rate (lfpr) in april 2024 was registered at 64.1 percent, or about 50.40 million filipinos aged 15 and above who were either employed or unemployed. Preliminary findings from the july 2024 labor force survey (lfs) revealed that the number of unemployed filipinos stood at 2.38 million, higher than the 1.62 million last.