Unemployment rate · Philippines
Philippines Unemployment Rate
The Philippines Unemployment Rate measures the share of the labour force in the Philippines, people working or actively looking for work, who have no job but want one.
- Importance
- Medium
- Publié
- Monthly
- Prochaine publication
- Devise
- PHP · Philippine peso
- Banque centrale
- Bangko Sentral ng Pilipinas
Derniers chiffres
La dernière publication, pour SEP, est parue le 2026-11-06 et s’est établie à 5.4%. C’est plus que 5.3% la fois précédente.
Sur les 12 dernières publications, la valeur est allée de 4.4% à 6.0%, avec une moyenne de 5.1%.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 6 Nov 2026 | SEP | 5.4% | – | 5.3% |
| 7 Oct 2026 | AUG | 5.3% | – | 6% |
| 8 Sep 2026 | JUL | 6% | – | 4.9% |
| 6 Aug 2026 | JUN | 4.9% | – | 4.8% |
| 8 Jul 2026 | MAY | 4.8% | – | 4.7% |
| 9 Jun 2026 | APR | 4.7% | – | 5% |
| 6 May 2026 | MAR | 5% | – | 5.1% |
| 8 Apr 2026 | FEB | 5.1% | – | 5.8% |
| 13 Mar 2026 | JAN | 5.8% | – | 4.4% |
| 6 Feb 2026 | DEC | 4.4% | – | 4.4% |
| 7 Jan 2026 | NOV | 4.4% | – | 5.0% |
| 10 Dec 2025 | OCT | 5.0% | – | 3.8% |
Pourquoi c’est important
Full employment is part of most central banks' mandate. A falling unemployment rate means a tighter labour market, faster wage growth and more inflation pressure, which can keep Bangko Sentral ng Pilipinas hawkish; a rising rate is one of the clearest recession signals (the US "Sahm rule" flags a 0.5-point rise in the three-month average).
Mode de calcul
the Philippine Statistics Authority usually runs a household survey: people are counted as unemployed if they had no work, were available and looked for a job recently. The rate is unemployed ÷ (employed + unemployed). Registered jobless and claimant counts instead count people signed on for benefits. Participation is the labour force ÷ working-age population.
Unemployment rate = unemployed ÷ labour force × 100
Labour force = employed + unemployedCe que signifient les variations
- A lower rate than expected usually supports the Philippine peso.
- Check participation: unemployment can fall because people stop looking, which is not good news.
- Broader measures (US U-6) include part-timers who want more hours.
Supérieur aux attentes : A higher unemployment rate than expected points to a weakening labour market: the Philippine peso tends to soften as markets price in lower rates.
Inférieur aux attentes : A lower unemployment rate than expected signals a tight labour market: it tends to support the Philippine peso and push bond yields up.
Un bref historique
Systematic unemployment statistics began in the 1930s Depression; the International Labour Organization's definition, adopted in 1982, is used by most countries today.
Questions
What is the Philippines Unemployment Rate?
The Philippines Unemployment Rate measures the share of the labour force in the Philippines, people working or actively looking for work, who have no job but want one.
What was the latest Philippines Unemployment Rate?
5.4% for SEP, published on 6 November 2026.
When is the next Philippines Unemployment Rate?
On Wednesday 9 December 2026 at 01:00 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.