Labor Force Participation Rate in Philippines increased to 64.20 percent in November from 62.60 percent in October of 2021. source: Philippine Statistics Authority

Labor Force Participation Rate in Philippines averaged 64.94 percent from 1990 until 2021, reaching an all time high of 94.70 percent in December of 1993 and a record low of 55.69 percent in June of 2020. This page provides - Philippines Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Labor Force Participation Rate - values, historical data and charts - was last updated on January of 2022.

Labor Force Participation Rate in Philippines is expected to be 61.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Labor Force Participation Rate is projected to trend around 62.00 percent in 2023, according to our econometric models.

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Philippines Labor Force Participation Rate


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.
Actual Previous Highest Lowest Dates Unit Frequency
64.20 62.60 94.70 55.69 1990 - 2021 percent Monthly
NSA

Related Last Previous Unit Reference
Unemployment Rate 6.50 7.40 percent Nov/21
Employed Persons 43826.27 41667.06 Thousand Dec/21
Unemployed Persons 3503.76 3073.23 Thousand Dec/21
Labor Force Participation Rate 64.20 62.60 percent Nov/21
Wages in Manufacturing 121.81 121.65 points Dec/20
Employment Rate 93.50 92.60 percent Nov/21