The number of Filipinos without jobs or livelihoods declined further in August, while employed persons grew during the period.
The number of Filipinos without jobs or livelihoods declined further in August, while employed persons grew during the period, results of the Philippine Statistics Authority’s latest Labor Force Survey showed. At a press conference on Friday, National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons, ages 15 and above, shrank to 2.21 million from 2.27 million in July and much lower than the 2.68 million jobless seen in the same month last year.
As a percentage of the total 50.29 million people in the labor force who are actively seeking work, the unemployment rate stood at 4.4%. This means 44 out of 1,000 individuals in the labor force do not have a job or livelihood in August 2023, Mapa said. Meanwhile, the number of employed Filipinos increased to 48.07 million, up from 44.63 million in July and also higher than the 47.87 million persons with jobs or livelihoods in August 2022. This translates to an employment rate of 95.6%.
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