![PH jobless_0207](https://firstmetro.com.ph/wp-content/uploads/2024/02/PH-jobless_0207.jpg)
- Unemployment rate dropped to 3.1% in December, the lowest since the Philippine Statistics Agency used a new methodology in 2005. About 1.6 million individuals were jobless that month, less than the 2.2 million at the end of 2022, the statistics agency said.