Philippines Employment Rate

Employment Rate in Philippines decreased to 94.76 percent in the first quarter of 2019 from 94.94 percent in the fourth quarter of 2018. Employment Rate in Philippines averaged 91.31 percent from 1991 until 2019, reaching an all time high of 95.30 percent in the fourth quarter of 2016 and a record low of 85.60 percent in the second quarter of 1991.

Employment Rate in Philippines is expected to be 94.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Philippines to stand at 94.50 in 12 months time. In the long-term, the Philippines Employment Rate is projected to trend around 94.30 percent in 2020, according to our econometric models.

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Philippines Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	5.20	5.10	13.90	4.70	percent	[+]
Employed Persons	41368.00	41329.00	41755.00	18567.00	Thousand	[+]
Unemployed Persons	2202.26	2202.00	4989.00	1720.00	Thousand	[+]
Labor Force Participation Rate	60.19	60.56	71.50	60.10	percent	[+]
Wages	10458.00	9876.00	10458.00	5798.00	PHP/Month	[+]
Wages in Manufacturing	1660.90	1838.40	1838.40	638.86	Index Points	[+]
Population	107.00	105.30	107.00	26.27	Million	[+]
Minimum Wages	537.00	512.00	537.00	89.00	PHP/day	[+]
Employment Rate	94.76	94.94	95.30	85.60	percent	[+]

In Philippines, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Philippines Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Employment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	94.76	94.94	95.30	85.60	1991 - 2019	percent	Quarterly	NSA

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Country	Last		Previous	Range
Mexico	96.75	Mar/19	96.7	97.23 : 93.58	%
Switzerland	80.50	Sep/18	79.9	81.3 : 76.9	%
Netherlands	77.70	Sep/18	77	77.7 : 63.5	%
Germany	76.30	Sep/18	75.4	76.3 : 63.6	%
United Kingdom	76.10	Jan/19	76.1	76.1 : 65.6	%
France	66.10	Dec/18	65.9	66.1 : 63.5	%
Spain	64.00	Dec/18	64.01	67.18 : 54.91	%
Australia	62.30	Mar/19	62.3	62.9 : 54	%
Canada	61.90	Mar/19	62	63.7 : 56	%
United States	60.60	Mar/19	60.7	64.7 : 55	%
South Korea	60.40	Mar/19	59.4	61.6 : 56.1	%
Japan	60.00	Feb/19	59.7	63.5 : 55.9	%
Russia	59.10	Feb/19	58.8	66.6 : 58.8	%
Italy	58.60	Feb/19	58.7	58.9 : 55.3	%
Brazil	53.90	Feb/19	54.2	57.3 : 53.1	%
Turkey	45.90	Jan/19	46.3	47.9 : 38.9	%
South Africa	43.34	Dec/18	43.1	46.17 : 41	%
Argentina	42.20	Dec/18	42.5	43.4 : 36.3	%