Unemployment 2024 Philippines Customs. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The philippines’ unemployment rate declined to 4.0 percent of the labor force in august 2024, down from 4.7 percent in july and 4.0 percent a year earlier, the philippine.

Filipinos remained resilient despite the challenges that defined 2024, both locally and globally. Unemployment rate in the philippines fell to 3.7 percent in september 2024 from 4.5 percent a year ago, the philippine statistics authority (psa) said wednesday.