Jobless rate drops to 3.6% in November

Jan 10, 2024 12:05 am

THE country's unemployment rate fell to 3.6 percent in November from 4.2 percent in October last year, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Tuesday.

This translates to 1.83 million Filipinos without jobs, 260,000 fewer than October's figure of 2.09 million. It is also lower than the 2.18 million in November 2022, reflecting a year-on-year drop of 350,000 unemployed individuals.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Escudero denies delaying VP trial

Driver of kidnapped boy part of syndicate

Go moves up in latest SWS poll

Pag-IBIG bares record P55.65B dividend

Palace boosts security amid China 'spying'

CFO pushes Medicare portability for Fil-Am retirees

Flagship office to speed up big projects