Six in ten of the population 15 years old and over are in the labor force
Of the estimated 63.8 million population 15 years old and over in April 2014, the number of persons who are in the labor force, those who are either employed or unemployed was reported at 41.6 million. This number translates into a labor force participation rate (LFPR) of 65.2 percent, which means that six in ten of the population aged 15 years and over are in the labor force. Among the regions, Autonomous Region in Muslim Mindanao (ARMM) had the lowest LFPR at 59.2 percent (Table 1).
For this report, the April 2013 labor and employment indicators, computed based on data which excludes the province of Leyte, are used when comparing the April 2014 estimates with the April 2013 figures.
Employment rate reaches 93.0 percent in April 2014
Out of the 41.6 million persons in the labor force reported in April 2014, 93.0 percent were employed. In the same month of the previous year (April 2013) employment rate was 92.4 percent. The total number of employed persons was estimated at 38.664 million in April 2014 while an estimate of 37.011 million was reported in April 2013.
Four of the 17 regions registered an employment rate lower than the national figure. These are the NCR (89.6%), Ilocos Region (90.8%), CALABARZON (91.0%), and Central Luzon (91.4%).
Six in ten of the employed persons are males
Fifty percent of employed persons are in the services sector
Laborers and unskilled workers comprise one-third of the employed persons
Among the major occupation groups, laborers and unskilled workers made up the largest group which accounts to 32.3 percent of the 38.7 million total employed population. Officials of the government and special-interest organizations, corporate executives, managers, managing proprietors, and supervisors made up the second largest group of workers with 16.0 percent of the total employed. Farmers, forestry workers, and fishermen were the third largest group of workers with 13.3 percent of the total employed in April 2014. Service workers and shop and market sales workers were the fourth largest group accounting for 12.5 percent.
Six in ten of the employed persons are wage and salary workers
Six in ten of employed persons work full time
One in every five employed persons desires more hours of work
Unemployment rate is recorded at 7.0 percent
Seventy percent of persons not in the labor force are women