#### Unemployment rate

##### Definition

Unemployment Rate is defined as the percentage of the total number of unemployed persons to the total number of persons in the labor force.

##### Computational formula
$$\table UER = (\table {\text" Total number of unemployed persons" / \text"Total number of persons in the labor force"},),100$$
##### Table
 Basic data Number of unemployed persons Source Philippine Statistics Authority (PSA) Definition The unemployed include all persons who are 15 years old and over as of their last birthday and are reported as: without work, i.e., has no job or business during the basic survey reference period; AND currently available for work, i.e., were available and willing to take up work in paid employment or self employment during the basic survey reference period, and/or would be available and willing to take up work or self employment within two weeks afterthe interview date; AND seeking work, i.e., had taken specific steps to look for a job or establish a business during the basic survey reference period; OR not seeking work due to the following reasons: tired/believe no work is available, i.e. the discouraged workers who looked for work within the last six months prior to the interview date; awaiting results of previous job application; temporary illness/disability; bas weather; waiting for rehire/job recall. Frequency of collection Quarterly Frequency of dissemination Quarterly Temporal disaggregation Quarterly/Annual Spatial disaggregation National/Regional
 Basic data Number of persons in the labor force Source Philippine Statistics Authority (PSA) Definition Persons in the Labor Force or Economically Active Population refers to all persons 15 years old and over as of their last birthday who are either employed and unemployed. Frequency of collection Quarterly Frequency of dissemination Quarterly Temporal disaggregation Quarterly/Annual Spatial disaggregation National/Regional
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Economic Access
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Economic conditions
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Demographic conditions
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Environmental conditions
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Political conditions
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Risks, hazards, shocks
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