Philippines unemployment rate


Philippines unemployment rate: 3.5 (-22.22%)
Last Update: November 30, 2024

Philippines unemployment rate closed down 3.5 as of November 30, 2024 from 4.5 from the previous month and 4.3 from last year.


Philippines unemployment rate Analytics & Data




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Philippines unemployment rate

Date Values
2024-11-30 3.5
2024-08-31 4.5
2024-05-31 3.1
2024-02-29 3.6
2023-11-30 4.5
2023-08-31 4.8
2023-06-30 4.5
2023-05-31 4.3
2023-04-30 4.5
2023-03-31 4.7
2023-02-28 4.8
2023-01-31 4.8
2022-12-31 4.3
2022-11-30 4.2
2022-10-31 4.5
2022-09-30 5
2022-08-31 5.3
2022-07-31 5.2
2022-06-30 6
2022-05-31 6


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Philippines unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate ph.unemploymentrate 3.5 4.5 -22 -19 Down Down 49 2024-11-30

Philippines unemployment rate Factors

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What is the Philippines unemployment rate

Introduction: Welcome to our webpage dedicated to providing comprehensive insights into the Philippines unemployment rate. Here, you will find an assortment of current and historical data, trends, signals, analytics, and charts to help you understand the dynamics of the country's employment landscape. We aim to empower users to interpret the Philippines unemployment rate effectively, enabling them to make informed decisions.

Understanding the Philippines Unemployment Rate: The unemployment rate refers to the percentage of the labor force that is actively seeking employment but unable to secure gainful work. It serves as a key indicator of economic health, reflecting the availability and demand for job opportunities within a country. A low unemployment rate typically suggests a well-functioning labor market and increased economic activity, whereas a high rate may indicate economic challenges or a mismatch between job seekers and available positions.

Current Data: On our webpage, we provide the latest updates on the Philippines unemployment rate sourced from reputable statistical agencies and government bodies. You will find the most recent figures, usually released on a monthly or quarterly basis, along with a detailed analysis of the underlying factors influencing the rate. Our real-time data ensures users can access the most up-to-date information for a comprehensive overview of the country's employment situation.

Historical Data and Trends: We recognize the value of historical data in understanding long-term employment trends and patterns. Our webpage offers a comprehensive database of past Philippines unemployment rate figures, spanning multiple years. By analyzing this historical data, users can gain insights into the cyclical nature of unemployment, identifying patterns and making informed projections about future labor market trends.

Analytics and Charts: To facilitate a deeper understanding of the Philippines unemployment rate, we present interactive charts and visualizations that depict historical trends and statistical analyses. Utilizing these intuitive visuals, users can uncover correlations, spot recurring patterns, and identify potential outliers. The charts are designed for ease of interpretation, enabling users of all backgrounds to grasp the complexities of the unemployment rate with clarity.

Exporting Historical Data for Further Analysis: Our webpage allows users to freely export the historical unemployment rate data, providing them the opportunity to conduct their own in-depth analysis. By exporting this data in various formats, such as CSV or Excel, users can integrate it into their preferred analytical tools or combine it with other economic indicators to perform comprehensive analyses, forecasts, or research.

MacroVar Signals, Trends, and Analysis: For users seeking additional insights beyond the traditional statistical measures, we provide MacroVar signals, trends, and analysis. MacroVar offers unique quantitative models and algorithms to identify leading indicators, signals, and potential turning points in the labor market. It significantly enhances the accuracy of predicting future unemployment rate trends and provides valuable insights for decision-making.

Conclusion: Our webpage offers a wealth of information on the Philippines unemployment rate, making it an invaluable resource for economists, researchers, policy-makers, and individuals interested in understanding the dynamics of the country's labor market. By providing current and historical data, uncovering trends and patterns, and offering additional analytical tools, we empower users to make informed decisions and leverage the opportunities presented by the ever-evolving employment landscape.

Philippines Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
PSI Composite PSI 6045.13 -0.5 -1 -1.89659 40.2452 0.01194 0.0009 -0.04137 -0.01248
Philippines ETF EPHE 23.56 -1 -1 -1.86195 38.3586 0.00813 -0.01299 -0.05609 -0.01628
Philippine peso US Dollar (PHP/USD) PHPUSD 56.81 0 1 1.28623 50.6853 0 -0.00351 0.00212 -0.00751
Philippines 5-Year Bond Yield PH.5Y 5.959 -1 -0.75 -0.80997 42.3795 0 -0.00634 -0.02311 -0.10391
Philippines 2-year bond yield PH.2Y 6.387 0.5 1 1.41797 59.27 0 1.88 1.74 23.3
Philippines Yield Curve PH.YC 0.579 1 1 2.77537 57.0225 -0.27078 0.68805 1.92424 -3.83824
Philippines Credit Default Swaps CDS.Philippines 62.5 -1 -1 -1.75003 32.2844 0 0 -0.08759 -0.37811
Philippines Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade ph.balanceoftrade -3647540 -4387590 -17 -7 UP UP 53 2024-02-29
bank lending rate ph.banks.lendingrate 6.542 6.767 -3 -7 Down Down 2 2019-12-31
banks balance sheet ph.banks.bs 1048.8 1037.6 1 -11 Down Down 42 2024-02-29
building permits ph.buildingpermits 34675 37845 -8 12 Down UP 52 2023-12-31
business confidence ph.bizconfidence 33.1 35.9 -8 90 UP UP 93 2024-03-31
capacity utilization ph.caputilization 74.47 74.35 0 2 UP UP 62 2024-01-31
capital flows ph.capitalflows 6.25 9.2 -32 1 UP UP 54 2023-04-30
cash reserve ratio ph.cashreserveratio 9.5 12 -21 -21 Down Down 20 2021-10-31
central bank balance sheet ph.cb.assets 7563.66 7489.44 1 4 UP UP 43 2023-12-31
consumer confidence ph.consconfidence -10.9 -19 -43 -69 UP UP 0 2024-03-31
consumer price index cpi ph.cpi 125.6 125.5 0 4 UP UP 65 2024-03-31
core inflation rate ph.coreinflationrate 3.4 3.6 -6 -56 Down Down 2 2024-02-29
current account ph.currentaccount 106.82 -636.05 -117 -104 UP UP 40 2023-06-30
current account to gdp ph.currentaccountgdp -1.3 -4.4 -70 -142 Down Down 0 2023-01-31
deposit interest rate ph.depositrate 5.75 5.75 0 109 UP UP 82 2023-07-31
exports ph.exports 5905850 5938320 -1 16 Down UP 90 2024-02-29
external debt ph.externaldebt 125394 111268 13 66 UP UP 0 2023-01-31
fiscal expenditure ph.fiscalexp 388693 333850 16 22 Down UP 82 2024-02-29
foreign direct investment ph.fdi 910 826 10 103 UP UP 93 2024-01-31
foreign exchange reserves ph.fxreserves 104034 101994 2 5 UP UP 48 2024-06-30
gdp ph.gdp 404.28 394.09 3 94 UP UP 0 2022-12-31
Real GDP ph.realgdp 5885830 5053060 16 22 UP UP 74 2023-12-31
gdp growth ph.gdpgrowth 2.1 3.8 -45 -30 UP Down 38 2023-12-31
gdp growth annual ph.gdpgrowthan 5.9 4.3 37 -151 UP UP 10 2023-09-30
gold reserves ph.goldres 164.77 162.31 2 -12 UP Down 20 2023-12-31
government budget ph.govbudget -7.3 -8.6 -15 109 Down Down 0 2022-01-31
Government budget ph.govbudgetvalue 87951 -400956 -122 92 UP UP 90 2024-01-31
government debt to gdp ph.govdebtgdp 60.9 60.4 1 16 UP UP 0 2022-01-31
government revenues ph.govrev 224016 421801 -47 6 Down UP 43 2024-02-29
housing index ph.housingindex 11313.2 11749.5 -4 8 UP UP 40 2023-12-31
imports ph.imports 10157100 9962500 2 13 Down UP 68 2024-02-29
industrial production ph.indproduction 7.5 5 50 -18 UP Down 73 2024-02-29
inflation cpi ph.inflationcpi 3.7 3.4 9 -51 Down Down 16 2024-03-31
interest rate ph.interestrate 6.25 6.25 0 92 UP UP 83 2023-07-31
lending rate ph.lendingrate 6.75 6.75 0 108 UP UP 89 2023-07-31
loans to private sector ph.loanprivate 9915690 10119300 -2 6 UP UP 38 2024-01-31
Manufacturing PMI ph.manpmi 50.9 51.5 -1 -5 Down Down 18 2024-01-31
money supply m0 ph.msm0 1987160 2116420 -6 4 UP UP 8 2024-01-31
money supply m1 ph.msm1 6702580 6866490 -2 4 UP UP 18 2024-01-31
money supply m2 ph.msm2 16523400 16936200 -2 7 UP UP 32 2024-01-31
money supply m3 ph.msm3 16976500 17428200 -3 6 UP UP 20 2024-01-31
Producer Price Index ph.producerprices 97.27 97.5 -0 -1 Down Down 34 2024-02-29
PPI Index ph.producerpricesch -1.2 -1.1 9 -133 Down Down 37 2024-02-29
retail sales MoM ph.retailsales 0.4 0.4 0 -233 UP UP 14 2020-07-31
retail sales yoy ph.retailsalesan 2 1.8 11 43 UP UP 71 2021-08-31
total vehicle sales ph.vehiclesales 9638 8446 14 34 UP UP 83 2024-02-29
unemployment rate ph.unemploymentrate 3.5 4.5 -22 -19 Down Down 49 2024-11-30
Interbank Rate ph.interbankrate 6.3125 6.3125 0 0 UP Down 58 2023-08-11