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

The unemployment rate in the Philippines fell to 5.7 percent in the June quarter of 2017 from 6.1 percent a year ago. The number of unemployed persons went down by 182 thousand to 2,443 thousand while the number of employed fell by 393 thousand to 40,271. Meanwhile, the labor force participation rate decreased to 61.4 percent from a 63.5 percent. Among employed persons, workers in the services sector made up 55.4 percent of the total, followed by those in the agriculture sector (26.1 percent) and industry (18.5 percent). Unemployment Rate in Philippines averaged 8.58 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 Forecast (i)
2016-12-13 02:30 AM Q4 4.7% 5.4% 5.1%
2017-03-14 02:00 AM Q1 6.6% 4.7% 5%
2017-06-09 04:30 AM Q2 5.7% 6.6% 6.4%
2017-09-12 01:00 AM Q3 5.7% 6.2%
2017-12-12 01:00 AM Q4 6%


Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 6.60 13.90 4.70 percent [+]
Employed Persons 40271.00 39347.00 41664.00 18567.00 Thousand [+]
Unemployed Persons 2443.00 2761.00 4989.00 1720.00 Thousand [+]
Labor Force Participation Rate 61.40 60.70 71.50 60.70 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 94.30 93.40 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 6.60 13.90 4.70 1994 - 2017 percent Quarterly



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17