Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.

Philippines unemployment rate for 2023 was 2.23%, a 0.37% decline from 2022.

• Philippines unemployment rate for 2022 was 2.60%, a 0.8% decline from 2021.
• Philippines unemployment rate for 2021 was 3.40%, a 0.88% increase from 2020.
• Philippines unemployment rate for 2020 was 2.52%, a 0.29% increase from 2019.

This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Philippines Unemployment: Grade Completed: Elementary: Graduate data was reported at 128.000 Person th in Jan 2025. This records an increase from the previous number of 69.000 Person th for Dec 2024. Philippines Unemployment: Grade Completed: Elementary: Graduate data is updated monthly, averaging 145.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 303.000 Person th in Sep 2021 and a record low of 69.000 Person th in Dec 2024. Philippines Unemployment: Grade Completed: Elementary: 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.G031: Labour Force Survey: Unemployment: by Age and Class.

Philippines youth unemployment rate for 2023 was 6.85%, a 0.11% increase from 2022.

• Philippines youth unemployment rate for 2022 was 6.74%, a 1.75% decline from 2021.
• Philippines youth unemployment rate for 2021 was 8.49%, a 1.44% increase from 2020.
• Philippines youth unemployment rate for 2020 was 7.05%, a 0.27% increase from 2019.

Arbeidsledighetsraten på Filippinene gikk ned til 3,10 prosent i desember fra 3,20 prosent i november 2024. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Filippinene - Arbeidsledighet.

Philippines Unemployment: Grade Completed: College: Graduate data was reported at 666.000 Person th in Jan 2025. This records an increase from the previous number of 579.000 Person th for Dec 2024. Philippines Unemployment: Grade Completed: College: Graduate data is updated monthly, averaging 696.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 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.G031: Labour Force Survey: Unemployment: by Age and Class.

Key information about Philippines Labour Force Participation Rate

• Philippines Labour Force Participation Rate increased to 63.9 % in Jan 2025, compared with 63.3 % in the previous quarter.
• Philippines Labour Force Participation Rate is updated quarterly, available from Jul 2003 to Jan 2025, with an average rate of 63.8 % .
• The data reached the an all-time high of 69.0 % in Apr 2004 and a record low of 55.7 % in Apr 2020.
• Philippines Labour Force Participation Rate is reported by reported by Philippine Statistics Authority.
• In the latest reports, Philippines Population reached 109.0 million people in Dec 2020.
• Unemployment Rate of Philippines dropped to 4.5 % in Apr 2023.

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.

Philippines Unemployed: Grade Completed: High School: Senior: Graduate data was reported at 237.000 Person th in Jan 2025. This records an increase from the previous number of 234.000 Person th for Oct 2024. Philippines Unemployed: Grade Completed: High School: Senior: Graduate data is updated quarterly, averaging 202.000 Person th from Jan 2021 (Median) to Jan 2025, with 17 observations. The data reached an all-time high of 292.000 Person th in Jul 2024 and a record low of 175.000 Person th in Jul 2023. Philippines Unemployed: Grade Completed: High School: Senior: 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 Region, Age and Class: Quarterly.

Philippines Unemployment: Grade Completed: Junior High School: Undergraduate data was reported at 175.000 Person th in Jan 2025. This records an increase from the previous number of 96.000 Person th for Dec 2024. Philippines Unemployment: Grade Completed: Junior High School: Undergraduate data is updated monthly, averaging 227.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 544.000 Person th in Sep 2021 and a record low of 96.000 Person th in Dec 2024. Philippines Unemployment: Grade Completed: Junior High School: 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.G031: Labour Force Survey: Unemployment: by Age and Class.

Philippines Unemployment: Grade Completed: Elementary: Undergraduate data was reported at 99.000 Person th in Jan 2025. This records an increase from the previous number of 34.000 Person th for Dec 2024. Philippines Unemployment: Grade Completed: Elementary: Undergraduate data is updated monthly, averaging 123.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 282.000 Person th in Feb 2021 and a record low of 34.000 Person th in Dec 2024. Philippines Unemployment: Grade Completed: Elementary: 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.G031: Labour Force Survey: Unemployment: by Age and Class.

Philippines Employment: Industry: Construction data was reported at 4,597.000 Person th in Jan 2025. This records a decrease from the previous number of 5,347.000 Person th for Dec 2024. Philippines Employment: Industry: Construction data is updated monthly, averaging 4,514.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 5,769.000 Person th in Jun 2024 and a record low of 4,018.000 Person th in Jan 2023. Philippines Employment: Industry: Construction data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G025: Labour Force Survey: Employment: by Industry, Occupation and Class.

The Philippines has a steadily growing economy, with a gross domestic product (GDP) that reached over 404.28 billion U.S. dollars in 2022. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. The GDP of the Philippines is expected to increase substantially to over 709.64 billion U.S. dollars by 2029. The Philippines’ economy GDP of the Philippines has consistently grown at around six percent and is expected to remain constant through 2024. At the same time, the unemployment rate has fallen to about 2.5 percent in 2018, with an increasing amount of employment being within the services sector . Sectors of the economy The services sector is a significant economic sector in the Philippines economy, with a share of almost 60 percent in gross domestic product generation. Usually, a shift of GDP generation from agriculture to services is a sure sign of a growing economy - the same is true for the Philippines: Tourism and IT are industries within the services sector which has substantially contributed to the Philippines’ economic growth. The agriculture sector, although contributing to the Philippines’ export quantity, such as coconut oil and fruits, has declined over recent years, with more and more inhabitants moving to the cities to find work.

Philippines Unemployment: Grade Completed: Senior High School: Undergraduate data was reported at 30.000 Person th in Jan 2025. This records an increase from the previous number of 23.000 Person th for Dec 2024. Philippines Unemployment: Grade Completed: Senior High School: Undergraduate data is updated monthly, averaging 34.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 77.000 Person th in Feb 2022 and a record low of 6.000 Person th in Dec 2023. Philippines Unemployment: Grade Completed: Senior High School: 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.G031: Labour Force Survey: Unemployment: by Age and Class.

Philippines Employment: Services: Accomodation & Food Service data was reported at 2,699.000 Person th in Jan 2025. This records an increase from the previous number of 2,677.000 Person th for Dec 2024. Philippines Employment: Services: Accomodation & Food Service data is updated monthly, averaging 2,006.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 2,896.000 Person th in Nov 2024 and a record low of 1,276.000 Person th in Feb 2021. Philippines Employment: Services: Accomodation & Food Service data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G025: Labour Force Survey: Employment: by Industry, Occupation and Class.

Philippines Employment: Craft & Related Trade Workers data was reported at 3,465.000 Person th in Jan 2025. This records a decrease from the previous number of 3,549.000 Person th for Dec 2024. Philippines Employment: Craft & Related Trade Workers data is updated monthly, averaging 3,327.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 4,013.000 Person th in Dec 2023 and a record low of 2,890.000 Person th in May 2023. Philippines Employment: Craft & Related Trade Workers data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G025: Labour Force Survey: Employment: by Industry, Occupation and Class.

Philippines Unemployment: Age: 15 Years & Over: Female data was reported at 875.000 Person th in Jan 2025. This records an increase from the previous number of 756.000 Person th for Dec 2024. Philippines Unemployment: Age: 15 Years & Over: Female data is updated monthly, averaging 1,070.000 Person th from Jan 2021 (Median) to Jan 2025, with 49 observations. The data reached an all-time high of 1,869.000 Person th in Sep 2021 and a record low of 661.000 Person th in Nov 2024. Philippines Unemployment: Age: 15 Years & Over: Female data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G031: Labour Force Survey: Unemployment: by Age and Class.

According to a 2024 survey on the leading security challenges in Southeast Asia, about 65 percent of respondents in the Philippines stated that they were mainly concerned about the increased military tensions arising from potential flashpoints. This includes tension in the South China Sea and the Korean Peninsula. Unemployment and economic recession emerged as the second leading concern among Filipinos.

Philippines Unemployment: Male: Age: 15 Years & Over data was reported at 1,290.000 Person th in Jan 2025. This records an increase from the previous number of 1,152.000 Person th for Oct 2024. Philippines Unemployment: Male: Age: 15 Years & Over data is updated quarterly, averaging 1,707.000 Person th from Jul 2004 (Median) to Jan 2025, with 83 observations. The data reached an all-time high of 4,841.000 Person th in Apr 2020 and a record low of 1,152.000 Person th in Oct 2024. Philippines Unemployment: Male: Age: 15 Years & Over 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 Region, Age and Class: Quarterly. [COVID-19-IMPACT]