Philippines Employed Persons - Forecast

Employed Persons in Philippines is expected to be 40500.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Philippines to stand at 42300.00 in 12 months time. In the long-term, the Philippines Employed Persons is projected to trend around 43700.00 Thousand in 2020, according to our econometric models.


Philippines Employed Persons
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Philippines Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5 5.5 5.4 5.4 5.3 6.3
Employed Persons 41551 40500 41000 41195 42300 43700
Unemployed Persons 2188 2900 2700 2446 2500 2700
Labor Force Participation Rate 62.1 61.8 62.1 60.89 63.1 64
Wages 10113 10151 10289 10427 8949 10300
Wages in Manufacturing 1731 1250 1770 1723 1770 2020
Population 104 107 107 107 107 110
Employment Rate 95 93.6 93.8 94.28 94.2 94.3