The number of unemployed persons in Philippines increased to 7254 Thousand in the second quarter of 2020 from 2390 Thousand in the first quarter of 2020.

Unemployed Persons in Philippines averaged 2830.46 Thousand from 1986 until 2020, reaching an all time high of 7254 Thousand in the second quarter of 2020 and a record low of 1720 Thousand in the third quarter of 1990. This page provides - Philippines Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Unemployed Persons - values, historical data and charts - was last updated on August of 2020. source: National Statistics Office of Philippines

Unemployed Persons in Philippines is expected to be 3300.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Philippines to stand at 2700.00 in 12 months time. In the long-term, the Philippines Unemployed Persons is projected to trend around 2700.00 Thousand in 2021 and 2100.00 Thousand in 2022, according to our econometric models.

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Philippines Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
7254.00 2390.00 7254.00 1720.00 1986 - 2020 Thousand Quarterly
Volume, NSA

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.70 5.30 17.70 4.50 percent [+]
Employed Persons 33764.00 42653.00 43146.34 18567.00 Thousand [+]
Unemployed Persons 7254.00 2390.00 7254.00 1720.00 Thousand [+]
Labor Force Participation Rate 55.64 61.71 71.50 55.64 percent [+]
Wages in Manufacturing 99.94 122.31 123.66 48.63 points [+]
Population 108.80 107.00 108.80 26.27 Million [+]
Minimum Wages 537.00 537.00 537.00 89.00 PHP/day [+]
Employment Rate 82.32 94.69 95.46 82.32 percent [+]


Philippines Unemployed Persons
In Philippines, unemployed persons are individuals who are without a job and actively seeking to work.