NEDA says rate is lowest recorded in nearly two decades (Eagle News)–The Philippines registered an unemployment rate of 3.1 percent in December 2023. According to the National Economic Development Authority, this represents a year-on-year decrease of 617,000 unemployed individuals, with its “significant” decrease from the 4.3 percent unemployment rate recorded in December 2022. NEDA said this is also the lowest unemployment rate recorded in nearly two decades. Citing Philippine Statistics Authority data, the underemployment rate, […]
Tag: Unemployed Filipinos
Number of unemployed Filipinos declines in July 2015
MANILA, Sep. 10 — The number of unemployed Filipinos went down in July 2015 as the market continues to reflect the continued strength of the economy, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that unemployment rate further eased to 6.5 percent, lower by 0.2 percentage point (ppt), from last year’s 6.7 percent. “The favorable economic growth of the country certainly drove an encouraging response from the labor […]
Unemployed Filipinos reach 12.4 million in fourth quarter of 2014
The number of unemployed Filipinos reached 12.4 million or 27% of the population in the final quarter of 2014.





