Question: How much is unemployment in the Philippines?

How many unemployed in the Philippines 2021?

The latest data is higher than the 12.2 million unemployed Filipinos recorded in the first quarter of 2021. “The national Social Weather Survey of June 23-26, 2021, found adult joblessness at 27.6% of the adult labor force.

What is the employment Rate in the Philippines?

A total of 44.23 million Filipinos had work in August, for an employment rate of 91.9%. In terms of percentage, this is lower than July’s 93.1%, but the number of those employed is higher than July’s 41.67 million.

What was the unemployment rate in 2020?

In the most recent recession, the unemployment rate increased from 3.5% in February 2020, to 4.4% in March 2020, and then peaked at a high of 14.8% in the final month of the recession (April 2020). Since then, the unemployment rate has fallen to 5.4% in July 2021.

What is the present status of employment in the Philippines?

There were a total of 44.72 million Filipinos with jobs in May, pushing the employment rate to 92.3%. This is higher than the 91.3% or 43.27 million Filipinos recorded in April. The labor force participation rate stood at 64.6%.

How many are unemployed in the Philippines 2019?

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.

Philippines: Unemployment rate from 1999 to 2020.

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Characteristic Unemployment rate
2020 3.36%
2019 2.24%
2018 2.34%
2017 2.55%

What is the unemployment rate in 2021?

View Chart Data

Worker group August 2021 July 2021
Total, 16 years and over 5.2% 5.4%
Adult men (20 years and over) 5.1 5.4
Adult women (20 years and over) 4.8 5.0
Teenagers (16 to 19 years) 11.2 9.6