Unemployment rate: 7.4% (2013 est.)
Definition: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of August 23, 2014See Also
Related Data From the International Monetary Fund
Variable: Unemployment rate
Note: Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, unemployed workers are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]
Units: Percent of total labor force
Country-specific Note: Source: CEIC Latest actual data: 2010 Employment type: Harmonized ILO definition. Please note that data prior to 2005 are not based on harmonized ILO definition but based on national definition. Primary domestic currency: Philippine pesos Data last updated: 09/2011
Source: International Monetary Fund - 2011 World Economic Outlook
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