Philippines unemployment ratePhilippines unemployment ratePhilippines unemployment rate

Philippines unemployment rate

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
17.60% on Jun 30, 2020
Lowest
3.10% on Jun 30, 2024

About Philippines unemployment rate


Category
Labor
Frequency
Monthly
Units
%
In the Philippines, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Frequently Asked Questions


To calculate Philippines unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Philippines unemployment rate is 3.10%.
The highest figure Philippines unemployment rate has ever reached is 17.60%.
Last month Philippines unemployment rate was 3.90%, and the month before that it amounted to 3.70%.