Tag: Unemployment
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Philippines Achieves Lowest Unemployment Rate Since 2005 in 2024
In a significant milestone for the Philippine economy, the unemployment rate dropped to a historic low of 3.8% in 2024, the best figure since 2005, according to the Philippine Statistics Authority (PSA). This achievement was highlighted during the ‘Trabaho sa Bagong Pilipinas’ job fair held at the Rizal Memorial Sports Complex in Manila on January…
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Speaker Romualdez Credits Economic Policies for Boosting Employment
Speaker Martin Romualdez recently highlighted the effectiveness of the government’s economic strategies in enhancing the employment landscape, as evidenced by a significant reduction in unemployment to a five-month low of 3.2 percent in November 2024. In a statement, Romualdez linked the positive employment trend to the robust economic growth under President Ferdinand R. Marcos Jr.’s…
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