unemployment May unemployment increases to 4.1% — PSA According to data from the Philippine Statistics Authority, the nation's unemployment rate rose to 4.1% in May, the fastest rate in the previous four months, from 4.4% in April 2023, but it was still below 4.3%. The percentage of people who are employed but are still looking
unemployed The unemployment rate increased once more in July 2023, reaching 4.8%. According to National Statistician Dennis Mapa, the number of unemployed Filipinos fell by 329,000 from 2.6 million a year before in July 2022. The July reading was higher than 4.5 percent in June 2023. However, it was lower than 5.2 percent in July 2022, which Mapa
unemployment Underemployment rate declines, unemployment rate remains unchanged in February Although the country's unemployment rate decreased to 4.8 percent in February, according to the Philippine Statistics Authority (PSA), finding stable employment is still a problem for many Filipinos. An additional 1.5 million Filipinos joined the labor force each month, bringing the rate of participation in the labor force
