Philippines employment and unemployment rates in May 2023
epa10731215 Job applicants walk around a sports facility used as a staging area for a job fair in Caloocan City, Metro Manila, Philippines, 07 July 2023. According to data from the Philippine Statistics Authority (PSA) released 07 July, the employment rate in May 2023 was estimated at 95.7 percent, higher than the reported employment rate in May 2022 at 94.0 percent and in April 2023 at 95.5 percent. Meanwhile, The country's unemployment rate dropped to 4.3 percent in May 2023 from 6.0 percent in May 2022 and 4.5 percent in April 2023. EPA/ROLEX DELA PENA
