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.

In 2019, the unemployment rate in the Philippines was at approximately 2.24 percent and on a steady downward trend from 3.6 percent in 2014.

Souvenirs from overseas

The Philippines’ economy relies heavily on remittances from overseas, i.e. money sent home by Filipino emigrants and workers in other countries. In 2016 alone, approximately 30 billion U.S. dollars were received as remittances in the Philippines, and the amount seems to increase significantly every year. This makes the Philippines one of the leading countries worldwide when it comes to receiving remittances, only surpassed by India and China.

Visitors from overseas

The Philippines’ economy is stable, not only because of remittances, but also because of a flourishing services sector, which is now the main generator of GDP in the country; tourism and IT in particular contribute to economic growth. More than half of the Philippines workforce is employed in services.

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 youth unemployment rate in the Philippines decreased by 0.4 percentage points (-5.72 percent) in 2024 in comparison to the previous year. The youth unemployment rate thereby reached its lowest value in recent years. The youth unemployment rate of a country or region refers to the share of the total workforce aged 15 to 24 that is currently without work, but actively searching for employment. It does not include economically inactive persons such as full-time students or the long-term unemployed.Find more key insights for the youth unemployment rate in countries like Cambodia and Timor-Leste.

Philippines Unemployment Rate: National Capital Region (NCR) data was reported at 6.000 % in Oct 2018. This records a decrease from the previous number of 6.100 % for Jul 2018. Philippines Unemployment Rate: National Capital Region (NCR) data is updated quarterly, averaging 10.900 % from Jul 2004 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 18.400 % in Oct 2004 and a record low of 6.000 % in Oct 2018. Philippines Unemployment Rate: National Capital Region (NCR) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G014: Labour Force Survey: Unemployment Rate.

Based on the preliminary estimates for 2023, the unemployment rate in Metro Manila or the National Capital Region (NCR) in the Philippines was at 5.9 percent, significantly lower than the previous year’s estimates. The region’s unemployment rate peaked in 2020 during the onset of the COVID-19 pandemic. Which Metro Manila city has the highest unemployment rate? Valenzuela City had the highest unemployment rate among other cities in Metro Manila in 2022, which was estimated at 9.3 percent. This was followed by the cities of Caloocan and Malabon. Meanwhile, the capital city of Manila had an unemployment rate of about 8.6 percent. The region’s labor force participation rate has been steadily increasing since 2018, although it remains to have one of the lowest employment rates nationwide. Daily minimum wages in Metro Manila As of June 2024, workers in the non-agricultural industries in the National Capital Region (NCR) had a minimum wage of 573 Philippine pesos – the highest nationwide. Despite agriculture not being the leading industry in the region, workers in the agricultural plantation industries also had the same daily minimum wage. In 2022, the Philippines had one of the highest minimum monthly wages in the Asia-Pacific region.

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.

Graph and download economic data for Youth Unemployment Rate for the Philippines (SLUEM1524ZSPHL) from 1991 to 2024 about Philippines, 15 to 24 years, unemployment, and rate.

Philippines Unemployed: Grade Completed: College: Undergraduate data was reported at 416.000 Person th in Jul 2018. This records an increase from the previous number of 382.000 Person th for Apr 2018. Philippines Unemployed: Grade Completed: College: Undergraduate data is updated quarterly, averaging 539.000 Person th from Jul 2003 (Median) to Jul 2018, with 61 observations. The data reached an all-time high of 951.000 Person th in Apr 2004 and a record low of 280.000 Person th in Oct 2016. Philippines Unemployed: Grade Completed: College: Undergraduate data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G015: Labour Force Survey: Unemployment: by Region, Age and Class.

Philippines Unemployment: Grade Completed: College: Graduate data was reported at 673.000 Person th in Feb 2025. This records an increase from the previous number of 666.000 Person th for Jan 2025. Philippines Unemployment: Grade Completed: College: Graduate data is updated monthly, averaging 686.000 Person th from Jan 2021 (Median) to Feb 2025, with 50 observations. The data reached an all-time high of 1,038.000 Person th in Feb 2021 and a record low of 536.000 Person th in Dec 2023. Philippines Unemployment: Grade Completed: College: Graduate data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G032: Labour Force Survey: Unemployment: by Age and Class.

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 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.

Unemployment, male (% of male labor force) (modeled ILO estimate) in Philippines was reported at 1.944 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Unemployment, male - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Unemployment, total (% of total labor force) (modeled ILO estimate) in Philippines was reported at 2.153 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Unemployment, total - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2022, Valenzuela City had the highest unemployment rate in the whole of Metro Manila in the Philippines at *** percent. In comparison, the city of Manila had an unemployment rate of *** percent. In that year, NCR had the highest unemployment rates nationwide.

philippines - Youth Unemployment Rate for the Philippines was 6.59% in January of 2024, according to the United States Federal Reserve. Historically, philippines - Youth Unemployment Rate for the Philippines reached a record high of 8.43 in January of 2021 and a record low of 6.59 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for philippines - Youth Unemployment Rate for the Philippines - last updated from the United States Federal Reserve on July of 2025.

Philippines Unemployment: Age: 15 Years & Over: Male data was reported at 1,119.000 Person th in Mar 2025. This records an increase from the previous number of 1,073.000 Person th for Feb 2025. Philippines Unemployment: Age: 15 Years & Over: Male data is updated monthly, averaging 1,305.000 Person th from Jan 2021 (Median) to Mar 2025, with 51 observations. The data reached an all-time high of 2,423.000 Person th in Jan 2021 and a record low of 814.000 Person th in Jun 2024. Philippines Unemployment: Age: 15 Years & Over: Male data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G032: Labour Force Survey: Unemployment: by Age and Class.

Unemployment, youth total (% of total labor force ages 15-24) (national estimate) in Philippines was reported at 6.863 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Unemployment, youth total (% of total labor force ages 15-24) (national estimate) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Unemployment, total (% of total labor force) (national estimate) in Philippines was reported at 2.598 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Unemployment, total (national estimate) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Unemployment with advanced education (% of total labor force with advanced education) in Philippines was reported at 3.697 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Unemployment with advanced education (% of total unemployment) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.