Philippines Unemployment Rate  1994-2018 | Data | Chart | Calendar

The unemployment rate in the Philippines dropped to 5.3 percent in the first quarter of 2018 from 6.6 percent a year ago. The number of unemployed persons went down by 441 thousand to 2.32 million while the number of employed increased by 2,408 thousand to 41.76 million. Also, the labor force participation rate rose to 62.2 percent from 60.7 percent. Among employed persons, workers in the services sector made up 55.9 percent of the total, followed by those in the agriculture sector (26.0 percent) and industry (18.1 percent). Unemployment Rate in Philippines averaged 8.47 percent from 1994 until 2018, 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
2017-09-12 01:15 AM Unemployment Rate 5.6% 5.7% 6.2%
2017-12-12 01:00 AM Unemployment Rate 5.0% 5.6% 6%
2018-03-07 02:00 AM Unemployment Rate 5.3% 5.0% 5.7%
2018-06-04 04:30 AM Unemployment Rate 5.3% 5.4%
2018-09-05 01:15 AM Unemployment Rate 5.4%
2018-12-05 01:00 AM Unemployment Rate 5.4%


Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.00 13.90 4.70 percent [+]
Employed Persons 41755.00 41551.00 41755.00 18567.00 Thousand [+]
Unemployed Persons 2320.00 2188.00 4989.00 1720.00 Thousand [+]
Labor Force Participation Rate 62.20 62.10 71.50 60.60 percent [+]
Wages 10113.00 9581.80 10113.00 5798.00 PHP/Month [+]
Wages in Manufacturing 1650.06 1731.22 1731.22 638.86 Index Points [+]
Population 104.90 103.90 104.90 26.27 Million [+]
Employment Rate 94.70 95.00 95.30 85.60 percent [+]


Philippines Unemployment Rate

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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.00 13.90 4.70 1994 - 2018 percent Quarterly




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 13.10 Mar/18
Italy 11.00 Mar/18
Turkey 10.60 Feb/18
France 8.90 Dec/17
Euro Area 8.50 Mar/18
Canada 5.80 Apr/18
Australia 5.60 Apr/18
Indonesia 5.13 Mar/18
Russia 5.00 Mar/18
United Kingdom 4.20 Mar/18
Netherlands 3.90 Apr/18
United States 3.90 Apr/18
China 3.89 Mar/18
South Korea 3.80 Apr/18
India 3.52 Dec/17
Germany 3.40 Mar/18
Mexico 2.90 Mar/18
Switzerland 2.70 Apr/18
Japan 2.50 Mar/18


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