In January 2020, the working age population (15 years old and over) was estimated at 72.8 million. Among these, 61.7 percent were in the labor force. This translates to approximately 44.9 million Filipinos in the labor force; that is, either employed or unemployed (Table 1, and Table 3). At the regional level, Region X (Northern Mindanao) had the highest reported labor force participation rate (LFPR) estimated at 70.0 percent while Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) had the lowest LFPR at 50.8 percent (Table 1, and Figure 1).
Unemployment rate rose to 17.7 percent accounting to 7.3 million unemployed Filipinos in the labor force in April 2020. This is a record high in the unemployment rate reflecting the effects of Corona virus disease 2019 (COVID-19) economic shutdown to the Philippine labor market.
Of the estimated 73.5 million population 15 years old and over in October 2019, approximately 45.2 million persons were in the labor force, that is, either employed or unemployed.