Philippines Labor Force Participation Rate

Labor Force Participation Rate in Philippines decreased to 60.19 percent in the first quarter of 2019 from 60.56 percent in the fourth quarter of 2018. Labor Force Participation Rate in Philippines averaged 65.12 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.

Labor Force Participation Rate in Philippines is expected to be 62.00 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.

Philippines Labor Force Participation Rate

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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	104.90	103.90	104.90	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	[+]

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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	60.19	60.56	71.50	60.10	1990 - 2019	percent	Quarterly

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Country	Last		Previous	Range
United Kingdom	79.30	Jan/19	79.3	79.3 : 74.1	%
France	72.30	Dec/18	72.3	72.3 : 69.5	%
Netherlands	71.00	Mar/19	71	71.1 : 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/18	67.7	68.3 : 55.3	%
Australia	65.70	Mar/19	65.6	65.8 : 60.1	%
Canada	65.70	Mar/19	65.8	67.7 : 61.4	%
Italy	65.70	Feb/19	65.7	65.9 : 61.6	%
South Korea	63.10	Mar/19	62.3	63.9 : 48.5	%
United States	63.00	Mar/19	63.2	67.3 : 58.1	%
Russia	62.10	Feb/19	61.9	70.3 : 61.9	%
Brazil	61.60	Feb/19	61.6	61.9 : 60.9	%
Germany	61.50	Sep/18	60.9	61.7 : 56.9	%
Japan	61.40	Feb/19	61.2	74 : 58.5	%
South Africa	59.40	Dec/18	59.5	60.8 : 53.6	%
Mexico	59.20	Jan/19	59.5	61.47 : 58.18	%
Spain	58.61	Dec/18	58.73	60.55 : 48.88	%
Euro Area	57.30	Sep/18	57.2	57.3 : 55	%
Saudi Arabia	55.90	Dec/18	56.4	56.5 : 47.8	%
Turkey	52.90	Jan/19	53.1	53.5 : 43.9	%
India	52.50	Dec/13	50.9	52.9 : 50.9	%
Argentina	46.50	Dec/18	46.7	46.9 : 44.5	%