Philippines Unemployment Rate  1994-2017 | Data | Chart | Calendar

The unemployment rate in the Philippines increased to 5.6 percent in the third quarter of 2017 from 5.4 percent a year ago. The number of unemployed persons went up by 41 thousand to 2.37 million while the number of employed fell by 784 thousand to 40.17 million. Meanwhile, the labor force participation rate decreased to 60.6 percent from a 63.3 percent. Among employed persons, workers in the services sector made up 55.6 percent of the total, followed by those in the agriculture sector (25.2 percent) and industry (19.2 percent). Unemployment Rate in Philippines averaged 8.55 percent from 1994 until 2017, reaching an all time high of 13.90 percent in the first quarter of 2000 and a record low of 4.70 percent in the fourth quarter of 2016.

Philippines Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2016-12-13 02:30 AM Unemployment Rate 4.7% 5.4% 5.1%
2017-03-14 02:00 AM Unemployment Rate 6.6% 4.7% 5%
2017-06-09 04:30 AM Unemployment Rate 5.7% 6.6% 6.4%
2017-12-12 01:00 AM Unemployment Rate 5.6% 6%


Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.70 13.90 4.70 percent [+]
Employed Persons 40170.00 40271.00 41664.00 18567.00 Thousand [+]
Unemployed Persons 2373.00 2443.00 4989.00 1720.00 Thousand [+]
Labor Force Participation Rate 60.60 61.40 71.50 60.60 percent [+]
Job Vacancies 199942.00 199942.00 290741.00 3036.00 [+]
Wages 8280.00 7995.00 8280.00 5798.00 PHP/Month [+]
Wages in Manufacturing 1538.90 1571.87 1571.87 638.86 Index Points [+]
Population 103.90 102.20 103.90 26.27 Million [+]
Employment Rate 94.40 94.30 95.30 85.60 percent [+]


Philippines Unemployment Rate Notes

In Philippines, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Philippines Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.70 13.90 4.70 1994 - 2017 percent Quarterly



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 12.80 Jul/17
Italy 11.30 Jul/17
Turkey 10.20 Jun/17
France 9.50 Jun/17
Euro Area 9.10 Jul/17
Canada 6.20 Aug/17
Australia 5.60 Aug/17
Indonesia 5.33 Mar/17
India 4.90 Dec/13
Russia 4.90 Aug/17
Netherlands 4.80 Jul/17
United States 4.40 Aug/17
United Kingdom 4.30 Jul/17
China 3.95 Jun/17
South Korea 3.80 Aug/17
Germany 3.70 Jul/17
Mexico 3.40 Jul/17
Switzerland 3.00 Aug/17
Japan 2.80 Jul/17