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(Eagle News)–Unemployment rate in the Philippines slightly rose to 4% in April, according to Philippine Statistics Authority data. The unemployment rate the month before was pegged at 3.9%. According to the PSA, the April rate translates to 2.04 million unemployed individuals. The employment rate was pegged at 96% or 48.36 million employed persons. By broad industry group, the services sector remained the top sector in terms of the number of employed persons, with a share […]
(Eagle News)–The country’s employment rate in January 2024 was pegged at 95.5 percent. The Philippine Statistics Authority said this translates to 45.94 million employed persons, lower than the number of employed individuals in the same month last year, pegged at 47.35 million. January 2024’s employment rate was also higher than the employment rate posted in the same month last year–at 95.2 percent—but lower than the employment rate reported in October 2023, at 95.8 percent, the […]
(Eagle News)–The country’s employment rate rose to 96.4 percent in November 2023, Philippine Statistics Authority data showed. According to the PSA, this translates to 49.64 million employed Filipinos, higher than the 47.80 million employed–or a 95.8 percent employment rate—posted the month before. The country’s November 2023 unemployment rate of 3.6 percent, meanwhile, translates to 1.83 million, down from the 2.09 million unemployed people reported the month before. According to PSA data, the underemployment rate in […]
