Philippines Unemployment Rate

1994-2015 | Data | Chart | Calendar

Unemployment Rate in Philippines increased to 6.6 percent in the first quarter of 2015 from
6.00 percent in the fourth quarter of 2014. Unemployment Rate in Philippines averaged 8.90
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 percent in the fourth quarter of 2014. Unemployment Rate in
Philippines is reported by the National Statistics Office of Philippines.
Forecast
2012

2015

Chart

Compare

Embed

Actual

Previous

Highest

Lowest

Dates

Unit

Frequency

6.60

6.00

13.90

6.00

1994 - 2015

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
Tuesday, March 24, 2015.

Philippines Jobless Rate At 6.6% in January

Philippines unemployment rate was at 6.6 percent in January of 2015, up from 6 percent
reported in October 2014 but down from 7.5 percent in the same month a year ago.
The employment rate is estimated at 93.4 percent in January, up from 92.5 percent a year earlier.
There were 37.4 million employed people: 54.6 percent worked in the services sector, 29.5 in
agriculture and 15.9 percent in industry sector.
The number of unemployed persons decreased to 2.6 billion in January from 2.9 billion a year ago.
Among unemployed people, 66 percent were males. The age group 15 to 24 years old accounted for
47.3 percent of total unemployed, while the age group 25 to 34 accounted for 31.6 percent. By
educational attainment, 20.4 percent were college graduates, 13.0 percent were college
undergraduates, and 34.4 percent were high school graduates.
Among regions, the National Capital Region (9.3 percent), Calabarzon (8.6 percent), Ilocos Region
(8.5 percent) and Central Luzon (8.5 percent) showed unemployment rates higher than the national
figure (6.6 percent).
National Statistics Office l Rida Husna l rida@tradingeconomics.com
3/12/2015 10:20:45AM

Recent Releases
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. Published on 2014-1210
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
Calendar

GMT

Event

Actual

Previous

Consensus

Forecast

2014-06-10

02:00 AM

Unemployment Rate Q1

7%

7.5%

7.5%

2014-12-10

03:00 AM

Unemployment Rate Q4

6.0%

6.7%

6.4%

2015-03-12

01:32 AM

Unemployment Rate Q1

6.6%

6%

6.2%

2015-06-11

02:00 AM

Unemployment Rate Q2

6.6%

7.8%

2015-09-10

02:00 AM

Unemployment Rate Q3

6.6%

2015-12-10

02:00 AM

Unemployment Rate Q4

6.4%

Calendar

GMT

Event

Actual

Previous

Consensus

Forecast

Philippines Labour

Last

Previous

Highest

Lowest

Unit

Unemployment Rate

6.60

6.00

13.90

6.00

percent

[+]

Employed Persons

37455.00

37455.00

38839.00

18567.00

Thousand

[+]

Unemployed Persons

2635.00

2635.00

4989.00

1720.00

Thousand

[+]

Job Vacancies

319720.00

199942.00

319720.00

3036.00

Labor Force Participation Rate

63.80

64.30

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

100.10

98.80

100.10

26.27

Million

[+]

Reference

Previous

COUNTRIES

Unemployment
Rate

Highest

[+]

Lowest

Unit

Australia

6.30

Feb/15

6.40

10.90

4.00

percent

Brazil

5.30

Jan/15

4.30

13.10

4.30

percent

Canada

6.80

Feb/15

6.60

13.10

2.90

percent

China

4.10

Dec/14

4.10

4.30

3.90

percent

Euro Area

11.20

Jan/15

11.30

12.00

7.20

percent

France

10.40

Nov/14

10.30

10.80

7.20

percent

Germany

4.70

Jan/15

4.80

14.20

0.40

percent

India

4.90

Dec/13

5.20

9.40

4.90

percent

Indonesia

5.94

Aug/14

5.70

11.24

2.00

percent

Italy

12.60

Jan/15

12.70

13.30

5.90

percent

Japan

3.60

Jan/15

3.40

5.60

1.00

percent

Mexico

4.51

Jan/15

3.76

5.93

2.22

percent

Netherlands

7.10

Feb/15

7.20

8.80

3.40

percent

Russia

5.80

Feb/15

5.50

14.10

4.80

percent

South Korea

3.90

Feb/15

3.40

7.10

2.90

percent

Spain

23.70

Nov/14

23.67

26.94

4.41

percent

Switzerland

3.50

Feb/15

3.50

5.40

1.60

percent

COUNTRIES

Unemployment
Rate

Reference

Previous

Highest

Lowest

Unit

Australia

6.30

Feb/15

6.40

10.90

4.00

percent

Turkey

10.90

Dec/14

10.70

16.10

8.00

percent

United Kingdom

5.70

Jan/15

5.70

12.00

3.40

percent

United States

5.50

Feb/15

5.70

10.80

2.50

percent