The number of unemployed persons in Philippines decreased to 2202 Thousand in the fourth quarter of 2018 from 2323 Thousand in the third quarter of 2018. Unemployed Persons in Philippines averaged 2818.33 Thousand from 1986 until 2018, reaching an all time high of 4989 Thousand in the second quarter of 2004 and a record low of 1720 Thousand in the third quarter of 1990.
Unemployed Persons in Philippines is expected to be 2500.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Philippines to stand at 2585.00 in 12 months time. In the long-term, the Philippines Unemployed Persons is projected to trend around 2700.00 Thousand in 2020, according to our econometric models.