Welcome to your guide to the Philippines job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Philippines.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 109,581,085 residents |
| Employment rate | 57.7% |
| Unemployment rate | 4.7%Low unemployment – employers often compete for skilled staff. |
With an unemployment rate of 4.7%, Philippines has a tight labor market. Skilled professionals are usually in demand.
Living & working in Philippines: salaries and cost of living
Before relocating or applying for jobs in Philippines, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 383 USD | 9% of the U.S. averagesignificantly lower |
| Purchasing power | 34.7 | weaker (U.S. = 100) |
With a purchasing power index of 34.7, the average monthly salary of 383 USD supports a budget-conscious lifestyle in Philippines. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in PH
| Leading industry | Agriculture |
| Growth sector | Electronics, Manufacturing |
| Service sector | Services, BPO |
| Major employers | SM Investments, Ayala Corporation, San Miguel Corporation |
Job seekers will usually find the most openings in Agriculture, while Electronics, Manufacturing offers growth potential.
Open jobs in Philippines
Working in Philippines – FAQ
What's the employment situation in Philippines?
Philippines has a population of about 109,581,085. The employment rate is 57.7%. The unemployment rate currently stands at 4.7%.
Which are the top companies in Philippines?
Large employers in Philippines include SM Investments, Ayala Corporation, San Miguel Corporation.
How far does a salary go in Philippines?
The purchasing power index for Philippines is 34.7 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Philippines?
Cityjobs currently lists 2 open positions in Philippines. Employers post directly, and you apply with the employer.
Which industries matter most in Philippines?
Agriculture is the leading industry, while Electronics, Manufacturing is an important growth sector, alongside Services, BPO.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
