Philippines Unemployed Persons  Forecast


Unemployed Persons in Philippines is expected to be 2500.00 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 2020, according to our econometric models.


Philippines Unemployed Persons
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Philippines Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 5.6 6.2 6 6.4 6.5 6.3
Employed Persons 40170 41100 41500 40500 41000 43700
Unemployed Persons 2373 2500 2300 2900 2700 2700
Labor Force Participation Rate 60.6 62 62.8 61.8 62.1 64
Job Vacancies 199942 186461 190461 186461 186461 306461
Wages 8280 8700 8530 8585 8640 10300
Wages in Manufacturing 1539 1690 1650 1250 1770 2020
Population 104 106 106 107 107 110
Employment Rate 94.4 93.8 94 93.6 93.8 94.3