PH unemployment rate in June ‘23 slightly lower than last year—PSA

By Julito G. Rada

THE country’s unemployment rate in June 2023 declined to 4.5 percent from 6 percent a year ago as the number of unemployed individuals went down from 2.99 million to 2.33 million, the Philippine Statistics Authority (PSA) said on Wednesday.

But the June unemployment rate was slightly higher than the 4.3 percent a month ago due to lost jobs in agriculture, manufacturing and other sectors.

“Not all of those in the labor force were able to find a job. So that contributed to the unemployed in June,” national statistician and civil registrar general Dennis Mapa said