Employment Rate in Philippines decreased to 91.25 percent in the first quarter of 2021 from 91.27 percent in the fourth quarter of 2020. source: National Statistics Office of Philippines
Employment Rate in Philippines averaged 91.35 percent from 1991 until 2021, reaching an all time high of 95.46 percent in the fourth quarter of 2019 and a record low of 82.32 percent in the second quarter of 2020. This page provides - Philippines Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Employment Rate - values, historical data and charts - was last updated on April of 2021.
Employment Rate in Philippines is expected to be 91.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Philippines to stand at 91.70 in 12 months time. In the long-term, the Philippines Employment Rate is projected to trend around 92.50 percent in 2022 and 93.00 percent in 2023, according to our econometric models.