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

The unemployment rate in the Philippines dropped to 5.4 percent in the September quarter of 2018 from 5.6 percent a year ago. The number of unemployed persons went down by 50 thousand to 2.32 million while the number of employed increased by 488 thousand to 40.66 million. Meanwhile, the labor force participation rate declined to 60.1 percent from 60.6 percent. Among employed persons, workers in the services sector made up 57.5 percent of the total, followed by those in the agriculture sector (23.1 percent) and industry (19.4 percent). Unemployment Rate in Philippines averaged 8.41 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
2018-03-07 02:00 AM Unemployment Rate 5.3% 5.0% 5.7%
2018-06-05 01:00 AM Unemployment Rate 5.5% 5.3% 5.4%
2018-09-05 02:00 AM Unemployment Rate 5.4% 5.5% 5.4%
2018-12-05 01:00 AM Unemployment Rate 5.4% 5.3%


Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.50 13.90 4.70 percent [+]
Employed Persons 40659.00 40896.00 41755.00 18567.00 Thousand [+]
Unemployed Persons 2323.00 2360.00 4989.00 1720.00 Thousand [+]
Labor Force Participation Rate 60.10 60.90 71.50 60.10 percent [+]
Wages 10113.00 9581.80 10113.00 5798.00 PHP/Month [+]
Wages in Manufacturing 1251.70 1650.06 1731.22 638.86 Index Points [+]
Population 104.90 103.90 104.90 26.27 Million [+]
Employment Rate 94.60 94.50 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.50 13.90 4.70 1994 - 2018 percent Quarterly




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.30 Jul/18
Italy 10.40 Jul/18
Turkey 10.20 Jun/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.20 Jul/18
Saudi Arabia 6.10 Mar/18
Canada 6.00 Aug/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.20 Aug/18
United Kingdom 4.00 Jul/18
Netherlands 3.90 Aug/18
United States 3.90 Aug/18
China 3.83 Jun/18
India 3.52 Dec/17
Mexico 3.50 Jul/18
Germany 3.40 Jul/18
Japan 2.50 Jul/18
Switzerland 2.40 Aug/18
Singapore 2.10 Jun/18


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