Philippines Unemployment Rate Falls in April


The jobless rate in the Philippines decreased to 6.4 percent in April of 2015 from 7 percent a year earlier. Figures exclude the typhoon-battered Leyte region.

There were 2681 thousand unemployed persons, 8.3 percent less than a year earlier. Among the unemployed persons, 63.1 percent were males.  The age group 15 to 24 years comprised 50.4 percent, while the age group 25 to 34, 30.1 percent. By educational attainment, 22.2 percent of the unemployed were college graduates, 12.6 percent were college undergraduates, and 33.3 percent were high school graduates.

Meanwhile, the number of underemployed fell marginally by 0.6 percent year-on-year to 6983 thousand in April. More than 60 percent worked for less than 40 hours a week and 41.6 percent worked in the agriculture sector, while 39.8 percent were in the services sector.  Those in the industry sector accounted for 18.6 percent. 

In April of 2015, there were 39159 thousand employed persons, 1.3 percent more than in April of 2014. 54.2 percent worked in the services sector, 29.3 percent in agriculture and the remaining 16.4 percent in industry. 

The labour force participation rate fell to 64.6 percent from 65.2 percent a year ago.

Philippines Unemployment Rate Falls in April


National Statistics Office | Joana Taborda | joana.taborda@tradingeconomics.com
6/9/2015 1:39:25 PM