Labor and Employment

Employment Rate in January 2020 is Estimated at 94.7 Percent

The employment rate in January 2020 was estimated at 94.7 percent. In January 2019, the employment rate was the same at 94.7 percent. Cordillera Administrative Region (CAR) (97.2%), Region X-Northern Mindanao (96.8%), Region XII-SOCCSKSARGEN (96.7%), Region IX-Zamboanga Peninsula (96.5%), Region VII-Central Visayas (96.5%) and MIMAROPA Region (96.4%), had highest employment rates while Region I-Ilocos Region, Region IVA-CALABARZON had the lowest with 91.2 percent and 93.3 percent, respectively.

TABLE 4 Total Population 15 Years Old and Over and Rates of Labor Force Participation, Employment

The revised estimates for January 2019 key employment indicators using the 2015 POPCEN-based population projection for population 15 years old and over (71.9 million) and those in the labor force (43.3 million), employed (41.0 million), unemployed (2.3 million) and population 15 years old and over who were not in the labor force (28.6 million) were lower than the estimates computed using the 2010 CPH-based population projection (as shown in the table).

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