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

Unemployment Rate in Philippines decreased to 6.70 percent in the second quarter of 2014 from 7 percent in the first 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 6.30 Percent in the third quarter of 2007. Unemployment Rate in Philippines is reported by the National Statistics Office of Philippines.

   
 
 

Philippines Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.70 7.00 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 Friday, October 24, 2014.


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.

Among unemployed people, 63.3 percent were males. The age group 15 to 24 years old accounted for 49.3 percent of total unemployed, while the age group 25 to 34 accounted for 30.8 percent. By educational attainment, 23.2 percent were college graduates, 13.2 percent were college undergraduates, and 32.1 percent were high school graduates.

Among regions, the National Capital Region (10.3 percent), Central Luzon (8.3 percent), and Calabarzon (8.0 percent) showed unemployment rates higher than the national figure (6.7 percent).

Meanwhile, the employment rate is estimated at 93.3 percent in July of 2014, up from 92.7 percent a year earlier. There were 38.5 million employed people: 54 percent worked in the services sector 30.1 in agriculture and 15.9 percent in industry 15.9 percent.

National Statistics Office | Joana Taborda | joana.taborda@tradingeconomics.com
9/10/2014 1:41:46 PM


Recent Releases

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

Philippines Unemployment Rate Up to 7.5%
In January of 2014, Philippines jobless rate rose to 7.5 percent, up from 6.5 percent in the previous period and 7.1 percent a year ago. Typhoon-hit region VIII was not covered in the survey. Published on 2014-03-11


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-09-10 03:30 AM Philippines
Unemployment Rate
Q2 2013 7.3% 7.5% 7.7%
2013-12-10 04:30 AM Philippines
Unemployment Rate
Q3 2013 6.5% 7.3% 7.4%
2014-03-11 01:00 AM Philippines
Unemployment Rate
Q4 2013 7.5% 6.5% 7%
2014-06-10 02:00 AM Philippines
Unemployment Rate
Q1 2014 7% 7.5% 7.5%
2014-12-10 01:00 AM Philippines
Unemployment Rate
Q3 2014 6.7% 6.1%


Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 7.00 13.90 6.30 Percent [+]
Employed Persons 38665.00 36420.00 38665.00 18567.00 Thousand [+]
Unemployed Persons 2924.00 2969.00 4989.00 1720.00 Thousand [+]
Job Vacancies 319720.00 199942.00 319720.00 3036.00 [+]
Labor Force Participation Rate 65.20 63.80 94.70 63.20 Percent [+]
Wages 8280.00 7995.00 8280.00 5798.00 PHP [+]
Wages in Manufacturing 1026.35 1316.09 1412.89 638.86 Index Points [+]
Population 97.35 95.77 97.35 26.27 Million [+]