What is the most recently reported unemployment rate in the Philippines?

Characteristic Unemployment rate
2020 3.36%
2019 2.24%
2018 2.34%
2017 2.55%

What is the most recent unemployment rate 2020?

The unemployment rate decreased by 1.0 percentage point to 6.9 percent in October 2020. That was the sixth consecutive month the rate has declined, but it was still nearly twice the February rate of 3.5 percent.

What is the unemployment rate for the year 2020?

Unemployment rate in July 2020 was estimated at 10.0 percent. This is higher than the unemployment rate of the same month a year ago placed at 5.4 percent, but lower than the record high 17.7 percent during April 2020.

What is the real unemployment rate right now?

The real unemployment rate in the U.S. is closer to 10 percent, Federal Reserve Chairman Jerome Powell said Wednesday, after misclassification errors are factored in to the official government figure. The current unemployment rate, as reported by the Bureau of Labor Statistics last week, is 6.3 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.

Characteristic Number of millionaires in thousands

Is poverty increasing in the Philippines 2021?

The country’s poverty rate is projected to average between 15.5% and 17.5% in 2021, likely near the 16.6% posted in 2018, officials of the National Economic and Development Authority (NEDA) said on Thursday, February 4, during the launch of the updated Philippine Development Plan (PDP).

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