Employment Rate in Philippines decreased to 94.76 percent in the first quarter of 2019 from 94.94 percent in the fourth quarter of 2018. Employment Rate in Philippines averaged 91.31 percent from 1991 until 2019, reaching an all time high of 95.30 percent in the fourth quarter of 2016 and a record low of 85.60 percent in the second quarter of 1991.

Employment Rate in Philippines is expected to be 94.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Philippines to stand at 94.50 in 12 months time. In the long-term, the Philippines Employment Rate is projected to trend around 94.30 percent in 2020, according to our econometric models.

Philippines Employment Rate
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Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.10 13.90 4.70 percent [+]
Employed Persons 41368.00 41329.00 41755.00 18567.00 Thousand [+]
Unemployed Persons 2202.26 2202.00 4989.00 1720.00 Thousand [+]
Labor Force Participation Rate 60.19 60.56 71.50 60.10 percent [+]
Wages 10458.00 9876.00 10458.00 5798.00 PHP/Month [+]
Wages in Manufacturing 1660.90 1838.40 1838.40 638.86 Index Points [+]
Population 107.00 105.30 107.00 26.27 Million [+]
Minimum Wages 537.00 512.00 537.00 89.00 PHP/day [+]
Employment Rate 94.76 94.94 95.30 85.60 percent [+]


Philippines Employment Rate

In Philippines, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Philippines Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Employment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
94.76 94.94 95.30 85.60 1991 - 2019 percent Quarterly
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Country Last Previous
Mexico 96.75 Mar/19
Switzerland 80.60 Dec/18
Netherlands 77.90 Dec/18
Germany 76.50 Dec/18
United Kingdom 76.10 Feb/19
France 66.10 Mar/19
Spain 63.58 Mar/19
Australia 62.40 Apr/19
Canada 62.10 Apr/19
United States 60.60 Apr/19
South Korea 60.40 Mar/19
Japan 60.30 Mar/19
Russia 59.10 Mar/19
Italy 58.90 Mar/19
Brazil 53.90 Mar/19
Turkey 46.00 Feb/19
South Africa 43.34 Dec/18
Argentina 42.20 Dec/18


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