The number of unemployed persons in Philippines decreased to 4571 Thousand in the third quarter of 2020 from 7254 Thousand in the second quarter of 2020.

Unemployed Persons in Philippines averaged 2842.71 Thousand from 1986 until 2020, reaching an all time high of 7254 Thousand in the second quarter of 2020 and a record low of 1720 Thousand in the third quarter of 1990. This page provides - Philippines Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Unemployed Persons - values, historical data and charts - was last updated on October of 2020. source: National Statistics Office of Philippines

Unemployed Persons in Philippines is expected to be 3300.00 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 2700.00 in 12 months time. In the long-term, the Philippines Unemployed Persons is projected to trend around 2700.00 Thousand in 2021 and 2100.00 Thousand in 2022, according to our econometric models.

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Philippines Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
4571.00 7254.00 7254.00 1720.00 1986 - 2020 Thousand Quarterly
Volume, NSA

Philippines Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.00 17.70 17.70 4.50 percent [+]
Employed Persons 41306.00 33764.00 43146.34 18567.00 Thousand [+]
Unemployed Persons 4571.00 7254.00 7254.00 1720.00 Thousand [+]
Labor Force Participation Rate 61.94 55.64 71.50 55.64 percent [+]
Wages in Manufacturing 113.20 99.94 123.66 48.63 points [+]
Population 108.80 107.00 108.80 26.27 Million [+]
Minimum Wages 537.00 537.00 537.00 89.00 PHP/day [+]
Employment Rate 90.04 82.32 95.46 82.32 percent [+]


Philippines Unemployed Persons
In Philippines, unemployed persons are individuals who are without a job and actively seeking to work.