An Analysis on the Economic Factors Affecting the Unemployment Rate in the Philippines from 1993-2018

The study aims to determine the factors affecting unemployment rate from 1993-2018 using OLS estimators. With 26 observations, research utilized six independent variables, namely GDP growth rate, inflation foreign direct investment, government spending, capital and trade openness. dataset was taken Global Economy Philippine Statistics Authority. Furthermore, as processed, it found that openness have a significant relationship with dependent variable. On other hand, spending investment no rate.