THE number of unemployed Filipinos has increased to 2.26 million in September 2023 from August’s 2.21 million, the Philippine Statistics Authority said Wednesday, November 8, 2023.In September 2023, the PSA said the underemployment rate stood at 4.5 percent, slightly higher than the 4.4 percent unemployment rate in August 2023 but lower as compared to the 5.0 percent during the same month in 2022.The PSA said a total of 47.
The number of underemployed individuals, or those who are employed but wanted additional hours of work in their current job or to have an additional job or to have a new job with longer hours stood at 5.11 million or 10.7 percent of the total employed persons.The underemployment rate in September was lower than the 11.7 percent in August 2023.“On average, an employed person worked 40.8 hours per week in September 2023. This was higher than the average hours worked at 39.
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