The number of unemployed persons in July 2007 was reported at 2.8 million, resulting to an unemployment rate of 7.8 percent. Two regions recorded a double-digit unemployment rate, namely, National Capital Region (NCR) at 13.1 percent and Central Luzon at 11.5 percent. For every ten (10) unemployed, six (6) are males and four (4) are females. Unemployed persons who had attained high school level comprised 45.5 percent of the total unemployed; while those who had reached college level, 39.4 percent.

The employment rate in January 2007 was estimated at 92.2 percent, which placed the unemployment rate at 7.8 percent. This means that nine in every 10 persons in the labor force were employed. By comparison, the employment rate in January 2006 was 91.9 percent. Cagayan Valley topped the regions in terms of employment rate with 96.9 percent, followed closely by Zamboanga Peninsula (96.3%), Autonomous Region in Muslim Mindanao (ARMM) (96.2%), and MIMAROPA (96.1%). The National Capital Region (NCR) recorded the lowest at 87.3 percent.