Unemployment Rate 2024 Philippines Update. The number of unemployed persons increased to 2.38 million from 2.29. Across regions, national capital region (ncr) posted the highest unemployment rate at 6.5 percent in july 2024, while cordillera administrative region (car) had the lowest unemployment rate of 2.3 percent.

In the labor force survey of the philippine statistics authority (psa), the philippines’ unemployment rate improved to 3.1% in june 2024, equivalent to 1.62. In a briefing, psa undersecretary and national statistician dennis mapa said the country’s unemployment rate was estimated at 4.0 percent, down from the recorded.