Philippines Unemployment Rate 1994-2014 | Data | Chart | Calendar

Unemployment Rate in Philippines decreased to 6.00 percent in the third quarter of 2014 from 6.70 percent in the second quarter of 2014. Unemployment Rate in Philippines averaged 8.96 Percent from 1994 until 2014, reaching an all time high of 13.90 Percent in the first quarter of 2000 and a record low of 6.00 Percent in the third quarter of 2014. Unemployment Rate in Philippines is reported by the National Statistics Office of Philippines.

      Forecast    
Philippines Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.00 6.70 13.90 6.30 1994 - 2014 percent Quarterly
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. Content for - Philippines Unemployment Rate - was last refreshed on Saturday, December 20, 2014.


Philippines Jobless Rate Down to Record Low


Philippines unemployment rate decreased to 6.0 percent in October of 2014 from 6.7 percent in July and hit a record low, as more people were employed in the services and agriculture sectors. Figures for the province of Leyte which was hit by typhoon Haiyan are not included.

Among unemployed people, 65.2 percent were males. The age group 15 to 24 years old accounted for 49.4 percent of total unemployed, while the age group 25 to 34 accounted for 30.2 percent. By educational attainment, 21.6 percent were college graduates, 13.5 percent were college undergraduates, and 33.3 percent were high school graduates.

Among regions, the National Capital Region (9.8 percent), Central Luzon (7.4 percent), and Calabarzon (7.1 percent) showed unemployment rates higher than the national figure (6.0 percent).

Meanwhile, the employment rate is estimated at 94.0 percent in October of 2014, up from 93.6 percent a year earlier. There were 38.8 million employed people: 53.7 percent worked in the services sector, 30.8 in agriculture and 15.6 percent in industry sector.

The country's jobless rate has been in a downward trend since the fourth quarter of 2013.

National Statistics Office l Rida l rida@tradingeconomics.com
12/10/2014 4:38:21 AM


Recent Releases

Philippines Unemployment Rate Falls to 6.7%
Philippines jobless rate kept its downward trend to 6.7 percent in July of 2014 from 7 percent in April, as more people were employed in the services and industry sectors. Figures for the province of Leyte which was hit by typhoon Haiyan are not included. Published on 2014-09-10

Philippines Unemployment Rate Down to 7%
In April of 2014, Philippines jobless rate decreased to 7 percent from 7.5 in the previous period and 7.6 percent a year ago. Figures from the province of Leyte which was hit by typhoon Haiyan are not included. Published on 2014-06-10


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-03-11 01:00 AM
Unemployment Rate  Q4 2013
7.5% 6.5% 7%
2014-06-10 02:00 AM
Unemployment Rate  Q1
7% 7.5% 7.5%
2014-12-10 03:00 AM
Unemployment Rate  Q3
6.0% 6.7% 6.4%
2015-03-11 01:00 AM
Unemployment Rate  Q4
5.8%
2015-06-10 02:00 AM
Unemployment Rate  Q1
6.6%
2015-12-10 03:00 AM
Unemployment Rate  Q3
6%


Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.00 6.70 13.90 6.30 percent [+]
Employed Persons 38839.00 38451.00 38839.00 18567.00 Thousand [+]
Unemployed Persons 2483.00 2778.00 4989.00 1720.00 Thousand [+]
Job Vacancies 319720.00 199942.00 319720.00 3036.00 [+]
Labor Force Participation Rate 64.30 64.40 94.70 63.20 percent [+]
Wages 8280.00 7995.00 8280.00 5798.00 PHP [+]
Wages in Manufacturing 1425.87 1026.35 1425.87 638.86 Index Points [+]
Population 97.35 95.77 97.35 26.27 Million [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Nov/14 6.20 10.90 4.00 percent [+]
Brazil 4.80 Nov/14 4.70 13.10 4.30 percent [+]
Canada 6.60 Nov/14 6.50 13.10 2.90 percent [+]
China 4.10 Aug/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Oct/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.90 Oct/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.20 Oct/14 12.90 13.20 5.90 percent [+]
Japan 3.50 Oct/14 3.60 5.60 1.00 percent [+]
Mexico 4.53 Nov/14 4.78 5.93 2.22 percent [+]
Netherlands 8.00 Nov/14 8.00 8.80 3.40 percent [+]
Russia 5.20 Nov/14 5.10 14.10 4.80 percent [+]
South Korea 3.40 Nov/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.20 Nov/14 3.10 5.40 1.60 percent [+]
Turkey 10.50 Sep/14 10.10 16.10 8.00 percent [+]
United Kingdom 6.00 Oct/14 6.00 12.00 3.40 percent [+]
United States 5.80 Nov/14 5.80 10.80 2.50 percent [+]