Philippines - Unemployment
Philippines: Unemployment
| Mnemonic | LBU.IPHL | |
|---|---|---|
| Unit | # Ths., NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Quarterly | 4.67 % | |
| Data | 2021 Q2 | 4,138 |
| 2021 Q1 | 3,953 | |
Series Information
| Source | Philippine Statistics Authority |
| Release | Labor Force |
| Frequency | Quarterly |
| Start Date | 6/30/1956 |
| End Date | 6/30/2021 |
Philippines: Labor
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Labor Force Employment | 2021 Q2 | 43,269 | 41,247 | # Ths., NSA | Quarterly |
| Total Employment | 2021 Q2 | 43,269 | 41,247 | # Ths., NSA | Quarterly |
| Unemployment | 2021 Q2 | 4,138 | 3,953 | # Ths., NSA | Quarterly |
| Unemployment Rate | 2021 Q2 | 8.7 | 8.75 | %, NSA | Quarterly |
| Real Wages & Salaries | 2019 Q4 | 3,122,281 | 2,822,810 | 2000 price Mil. PHP, NSA | Quarterly |
| Agriculture Employment | 2017 | 11,589,853 | 11,807,387 | # | Annual |
Release Information
The Labor Force Survey covers a range of labor market statistics, including: particpation rate, employment, unemployment and underremployment rate by region; employment status; employed persons, unemployment persons. Quarterly from 1996.
Labor Statistics are used to describe and analyze the size and structure of labor markets and how these change over time. It includes statistics on the situation of participants and non-participants in the world of work and the results of their participation, both as workers and as producers and employers.
The quarterly rounds for this release are computed as follow:
Q1 - November, December, January
Q2 - February, March, April
Q3 - May, June, July
Q4 - August, September, October
The annual values are calculated as the average of the 4 rounds.
For more information on Philippines LFS, users can visit: https://psa.gov.ph/content/technical-notes-labor-force-survey-lfs
| Year | Reference Period |
Population Coverage |
Unemployment Definition |
| March 1971 - August 1976 | Past Week | 10 years old and over | Include those who were reported as wanting and looking for full-time work |
| First Qtr 1976 - First qtr 1987 | Past Quarter | 15 years old and over | Include those wanting and looking for work |
| July 1987 - October 1996 January 1997 - January 2005 |
Past Week | 15 years old and over | Based on 2 criteria 1. Without work 2. Seeking work |
| April 2005 - Present | Past Week | 15 years old and over | Based on 3 criteria: 1. Without work 2. Currently available for work 3. Seeking work |
Starting April 2005, the new unemployment definition was adopted per NSCB Resolution no. 15 dated October 20, 2004. As indicated in the said resolution, the unemployed include all persons who are 15 years old and over as of their last birthday and are reported as: (1) without work and currently available for work and seeking work; OR (2) without work and currently available for work but not seeking work for the following reasons:
1.) Tired/believed no work available
2.) Awaiting results of previous job application
3.) Temporary illness/disability
4.) Bad Weather
5.) Waiting for rehire/job recall
Starting June 2016 the Employment by Occupation series have adopted a PSOC 2012 calculation method. Prior was PSOC 1992.
Revisions are made periodically
Source of information: http://www.census.gov.ph/data/sectordata/datalfs.html
