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(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 […]
(Eagle News) — The country’s employment rate rose to 95.6% in August, Philippine Statistics Authority data released on Friday, Oct. 6, showed. According to the PSA data, this is 0.4 percent higher than the employment rate reported the month before, and 0.9 percent higher than the rate reported in August last year. The country’s August 2023 employment rate translates to 48.07 million people employed. The PSA said the top five sub-sectors in terms of annual […]
(Eagle News) — The country’s employment rate in June was reported at 95.5%. Based on data from the Philippine Statistics Authority, this is lower than the 97.7% employment rate reported the month before, but higher than the 94% reported also in June in 2022. The PSA said the 95.5% employment rate in June 2023 translates to 48.84 million people employed. This is as compared to the 46.59 million people reported employed in June 2022 and […]
(Eagle News) — The employment rate in the country was pegged at 95.7% in May, a 0.2 percent increase from the employment rate reported the month before. According to the Philippine Statistics Authority, the 95.7% translates to 48.26 million people employed. The Labor Force Participation Rate (LFPR) was registered at 65.3 percent in May, also higher than the reported LFPR in April 2023, at 65.1%. The top five sub-sectors with the highest year-on-year increase in […]
(Eagle News) — The employment rate in the country stayed at 94% in June, the Philippine Statistics Authority said. According to the PSA, the registered employment rate was higher than the 92.3 percent employment rate registered in the same period of 2021. The PSA said in terms of magnitude, 46.59 million Filipinos who are 15 years old and above were employed in June 2022, higher by 508,000 from the 46.08 million employed in May 2022. […]
(Eagle News) — The Philippines’ unemployment rate was at 6.4 percent in February, the same rate registered the month before, the Philippine Statistics Authority reported. According to the PSA, this translates to 3.13 million unemployed individuals 15 years old and above. Meanwhile, the number of employed persons increased by 2.33 million, from 43.15 million in February 2021 to 45.48 million in the same month this year. Employment rate in February this year was at 93.6 […]
