Philippines Labor Force Participation Rate

Labor Force Participation Rate in Philippines increased to 60.56 percent in the fourth quarter of 2018 from 60.10 percent in the third quarter of 2018. Labor Force Participation Rate in Philippines averaged 65.16 percent from 1990 until 2018, 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.

Labor Force Participation Rate in Philippines is expected to be 61.20 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 63.00 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.

Philippines Labor Force Participation Rate

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Philippines Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	5.10	5.40	13.90	4.70	percent	[+]
Employed Persons	41329.00	40659.00	41755.00	18567.00	Thousand	[+]
Unemployed Persons	2202.00	2323.00	4989.00	1720.00	Thousand	[+]
Labor Force Participation Rate	60.56	60.10	71.50	60.10	percent	[+]
Wages	10458.00	9876.00	10458.00	5798.00	PHP/Month	[+]
Wages in Manufacturing	1686.41	1251.70	1731.22	638.86	Index Points	[+]
Population	104.90	103.90	104.90	26.27	Million	[+]
Employment Rate	94.94	94.60	95.30	85.60	percent	[+]

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. This page provides - Philippines Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	60.56	60.10	71.50	60.10	1990 - 2018	percent	Quarterly

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Country	Last		Previous	Range
United Kingdom	79.00	Oct/18	79	79 : 74.1	%
France	72.30	Dec/18	72.3	72.3 : 69.5	%
Netherlands	71.00	Dec/18	70.9	71 : 67.4	%
Indonesia	69.20	Dec/18	69.02	69.21 : 57.14	%
Switzerland	68.50	Sep/18	68.4	68.8 : 66.8	%
Singapore	67.70	Dec/17	68	68.3 : 55.3	%
Italy	65.70	Nov/18	65.8	65.9 : 61.7	%
Australia	65.60	Dec/18	65.7	65.8 : 60.1	%
Canada	65.60	Jan/19	65.4	67.7 : 61.4	%
United States	63.20	Jan/19	63.1	67.3 : 58.1	%
Russia	62.90	Dec/18	62.9	70.3 : 62.5	%
South Korea	62.20	Dec/18	63.4	63.9 : 48.5	%
Brazil	61.70	Dec/18	61.8	61.9 : 60.9	%
Germany	61.50	Sep/18	60.9	61.7 : 56.9	%
Japan	61.40	Dec/18	61.9	74 : 58.5	%
Mexico	59.50	Dec/18	60	61.47 : 58.18	%
South Africa	59.40	Dec/18	59.5	60.8 : 53.6	%
Spain	58.61	Dec/18	58.73	60.55 : 48.88	%
Euro Area	57.30	Sep/18	57.2	57.3 : 55	%
Saudi Arabia	56.40	Sep/18	56.2	56.5 : 47.8	%
Turkey	53.60	Oct/18	53.4	53.6 : 43.9	%
India	52.50	Dec/13	50.9	52.9 : 50.9	%
Argentina	46.70	Sep/18	46.4	46.9 : 44.5	%