In 2019, the unemployment rate in the Philippines was at approximately 2.24 percent and on a steady downward trend from 3.6 percent in 2014.
What is the unemployment rate today 2020?
Unemployment Rate (%)
|Provinces||June||JAN – Jun (AVERAGE)|
What is the current employment rate in the Philippines?
There were a total of 44.72 million Filipinos with jobs in May, pushing the employment rate to 92.3%. This is higher than the 91.3% or 43.27 million Filipinos recorded in April. The labor force participation rate stood at 64.6%.
What is the unemployment rate 2021?
U.S. unemployment rate: seasonally adjusted July 2021
In July 2021, the national unemployment rate was at 5.4 percent.
How many are wealthy in the Philippines 2020?
In 2020, the Philippines had nearly 14 thousand millionaires. It was projected that in 2025, the number of high net worth individuals in the country will reach approximately 19 thousand.
Which country has lowest unemployment rate?
Below are the world’s 10 lowest unemployment rates at the end of 2020:
- Qatar: 0.1%
- Solomon Islands: 0.5%
- Niger: 0.5%
- Lao People’s Democratic Republic: 0.6%
- Cambodia: 0.7%
- Bahrain: 0.8%
- Thailand: 0.8%
- Rwanda: 1%
Which states have the highest unemployment rates?
Unemployment Connecticut and New Mexico had the highest unemployment rates in June, 7.9 percent each, closely followed by Nevada, 7.8 percent. Nebraska and Utah had the lowest jobless rates, 2.5 percent and 2.7 percent, respectively.
What is the most common job in the Philippines?
Here is a lists of the Top 10 Most Applied jobs here in the Philippines.
- Technical Support Staff. …
- Call Center Agents. …
- Customer Service Assistants. …
- Information Technology Specialists. …
- Production and factory workers. …
- Salesladies. …
- Sales Clerks. …
- Construction Laborers abroad.
What are the labor problems in the Philippines?
Unemployment and underemployment are the Philippines’ most important problems and the key indicators of the weaknesses of the economy. Today, around 4 million workers (about 12% of the labor force) are unemployed and another 5 million (around 17% of those employed) are underemployed.