Unemployment Rate 2024 Philippines News. As of january this year, the country's unemployment rate was at 4.5. The un's labor agency forecasts a slight increase in the global unemployment rate to 5.2 percent in 2024, as inflation and geopolitical tensions slow.

The philippine statistics authority is scheduled to release the february 2024 labor force data next week. Beijing stopped releasing unemployment figures between august 2023 and january 2024 when the numbers were at a record high.