Unemployment Rate 2024 Philippines Graph. The philippines’ unemployment rate further dropped to 4.2 percent in october 2023 from 4.5 percent a month ago, the lowest level recorded since april 2005 and similar to the. 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 indicators, compiled.
Unemployed persons in philippines averaged 2836.69 thousand from 1986 until 2024, reaching an all time high of 7254.00 thousand in the second quarter of 2020 and a record low of. 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 indicators, compiled.
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