Philippines Unemployment Rate (1991-2024)

Philippines unemployment rate for 2024 was 2.15%, a 0.07% decline from 2023.
  • Philippines unemployment rate for 2023 was 2.22%, a 0.38% 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.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.