Unemployment 2024 Philippines. The jobless rate edged up to 4.1 percent in may, up slightly from 4 percent in april. The 2024 lfs provides statistics on levels and trends of employment, unemployment, and underemployment of the country.
July 6, 2024 at 1:00 pm pdt. In april 2024, the unemployment rate was registered at 4.0 percent.
Philippines Unemployment Rate For 2021 Was 3.40%, A 0.88% Increase From 2020.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
As Of 2024, The Country’s Unemployment Rate Stands At 5.08%, Reflecting Both Progress And Persistent Challenges In Its Labor Market.
“the unemployment rate is forecast to rise from 3.6 percent in the second quarter of 2023 to a peak of 4 percent by the last quarter of 2024—a lower peak than previously projected [5.2 percent in the april 2023 weo and 5.6 percent at the time of the october 2022 weo], consistent with a softer landing than earlier expected for the us.
Unemployment 2024 Philippines Images References :
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.
This translates to 2.93 million unemployed filipinos, projecting a decline of 1.04 million from the 3.96 million reported in january 2021.
Unemployment Rate In Philippines Increased To 4 Percent In April From 3.90 Percent In March Of 2024.
Jerome powell is likely to tell lawmakers that federal reserve officials need further confirmation inflation is slowing before they’re in a position to cut interest.
