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(Eagle News)–The country’s unemployment rate rose to 3.9 percent in March, the Philippine Statistics Authority said on Wednesday, May 8. Based on PSA data, this is a 0.4 increase from the 3.5 percent unemployment rate registered the month before March, and translates to two million unemployed people aged 15 and above. The employment rate in March was recorded at 96.1 percent, lower than the 96.5 percent recorded in February. The underemployment rate, meanwhile, was at […]
(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 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 […]
