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Philippines reports unemployment drop to 3.2% in November, underemployment falls to 10.8%.
The Philippine Statistics Authority reported a decline in unemployment to 3.2% in November 2024, with 1.66 million unemployed out of a labor force of 51.20 million.
The underemployment rate also fell to 10.8%.
The government is enhancing job quality and workforce skills through initiatives like the CREATE MORE Act and EBET Framework Act, while also extending aid to vulnerable communities.
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Filipinas informa que el desempleo cayó a 3,2% en noviembre, subempleo cae a 10,8%.