Labor Force

Description of LFS

Employment Rate in October 2019 is Estimated at 95.5 Percent

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).

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