Employment Rate in Philippines increased to 93.13 percent in the third quarter of 2021 from 91.27 percent in the second quarter of 2021. source: National Statistics Office of Philippines

Employment Rate in Philippines averaged 91.36 percent from 1991 until 2021, reaching an all time high of 95.46 percent in the fourth quarter of 2019 and a record low of 82.32 percent in the second quarter of 2020. This page provides - Philippines Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Employment Rate - values, historical data and charts - was last updated on October of 2021.

Employment Rate in Philippines is expected to be 92.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Employment Rate is projected to trend around 92.50 percent in 2022 and 93.00 percent in 2023, according to our econometric models.

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Philippines Employment Rate

Philippines Last Unit Reference Previous Highest Lowest
Unemployment Rate 6.90 percent Sep/21 8.70 17.60 4.50
Employed Persons 41667.06 Thousand Sep/21 43269.00 43269.00 18567.00
Unemployed Persons 3073.23 Thousand Sep/21 4138.00 7254.00 1720.00
Labor Force Participation Rate 59.81 percent Sep/21 63.23 71.50 55.64
Wages in Manufacturing 121.81 points Dec/20 122.35 123.66 48.63
Employment Rate 93.13 percent Sep/21 91.27 95.46 82.32

Philippines Employment Rate
In Philippines, the employment rate measures the number of people who have a job as a percentage of the labour force.