The preliminary results of the Annual Labor and Employment Estimates for 2019 based on the average of the four (4) LFS rounds (January, April, July and October) reported an annual labor force participation rate of 61.3 percent out of the 72.9 million population 5 years old and over.
The employment rate in October 2019 was estimated at 95.5 percent. In October 2018, the employment rate was 94.9 percent. Seven regions had employment rates lower than the national estimate: Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) (93.4%), Region IVA (CALABARZON) (94.2%), Region I (Ilocos Region) (94.8%), Region V (Bicol Region) (95.2%), Region III (Central Luzon) (95.3%), National Capital Region (NCR) and Region XIII (Caraga) (95.4%). The labor force participation rate (LFPR) in October 2019 was estimated at 61.5 percent given the population 15 years old and over of 73.5 million (Table 4).
In April 2019, the total population 15 years old and over was estimated at 72.5 million wherein the number of persons who were in the labor force was reported at 44.5 million.