Unemployment Rate in Philippines decreased to 3.90 percent in May from 4.10 percent in April of 2025. This dataset provides - Philippines Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The National Capital Region (NCR) was estimated to have the highest unemployment rate in the Philippines in 2023 at *** percent. The region's unemployment rate was higher than the nationwide average. In contrast, Region II or the Cagayan Valley Region had the lowest estimated unemployment rate that year.

The unemployment rate in the Philippines stands at 4.07 percent according to the latest data from . That reading shows a decrease from the level of 4.27 percent in the previous quarter and an increase from the level of 4.05 percent in the same quarter of the previous year. The unemployment...

The number of unemployed persons in Philippines decreased to 2034.78 Thousand in May of 2025 from 2063.65 Thousand in April of 2025. This dataset provides - Philippines Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Philippines: Unemployment rate forecast: The latest value from 2030 is 4.48 percent, unchanged from 4.48 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for the Philippines from 1985 to 2030 is 7.97 percent. The minimum value, 3.81 percent, was reached in 2024 while the maximum of 11.83 percent was recorded in 2004.

The Philippines: Unemployment rate: The latest value from 2023 is 2.23 percent, a decline from 2.6 percent in 2022. In comparison, the world average is 6.99 percent, based on data from 178 countries. Historically, the average for the Philippines from 1991 to 2023 is 3.4 percent. The minimum value, 2.23 percent, was reached in 2023 while the maximum of 4.05 percent was recorded in 2006.

Key information about Philippines Unemployment Rate

• Philippines Unemployment Rate dropped to 4.50% in Apr 2023, from the previously reported figure of 4.80% in Jan 2023.
• Philippines Unemployment Rate is updated quarterly, available from Jul 1982 to Apr 2023, with an average rate of 8.45%.
• The data reached an all-time high of 17.60% in Apr 2020 and a record low of 4.50% in Apr 2023.
• The data is reported by reported by CEIC Data.
• In the latest reports, Philippines Population reached 109.03 million people in Dec 2020.

The Philippines: Unemployment rate for males: The latest value from 2023 is 2.05 percent, a decline from 2.42 percent in 2022. In comparison, the world average is 6.42 percent, based on data from 178 countries. Historically, the average for the Philippines from 1991 to 2023 is 3.22 percent. The minimum value, 2.05 percent, was reached in 2019 while the maximum of 3.88 percent was recorded in 2006.

Employment Rate in Philippines increased to 96.10 percent in May from 95.90 percent in April of 2025. This dataset provides - Philippines Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Preliminary figures reflect that the underemployment rate in the Philippines was estimated to be about 11.9 percent in 2024. The underemployment rate in the country was lowest in 2019. The underemployment rate refers to the total number of people employed who wanted additional work (wanted additional hours of work in their present job, or to have an additional job or a new job with longer working hours) as a percentage share of the total employed.