Labor Force Participation Rate in Philippines decreased to 61.47 percent in the fourth quarter of 2019 from 62.06 percent in the third quarter of 2019.

Labor Force Participation Rate in Philippines averaged 65.03 percent from 1990 until 2019, reaching an all time high of 71.50 percent in the second quarter of 1990 and a record low of 60.10 percent in the third quarter of 2018. This page provides - Philippines Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Statistics Office of Philippines

Labor Force Participation Rate in Philippines is expected to be 63.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Philippines to stand at 63.70 in 12 months time. In the long-term, the Philippines Labor Force Participation Rate is projected to trend around 64.00 percent in 2020, according to our econometric models.


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Philippines Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.47 62.06 71.50 60.10 1990 - 2019 percent Quarterly

Philippines Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 5.40 13.90 4.50 percent [+]
Employed Persons 43146.34 42953.00 43146.34 18567.00 Thousand [+]
Unemployed Persons 2050.00 2432.00 4989.00 1720.00 Thousand [+]
Labor Force Participation Rate 61.47 62.06 71.50 60.10 percent [+]
Wages in Manufacturing 123.66 113.10 123.66 48.63 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 95.46 94.64 95.46 85.60 percent [+]