Description of LFS
The unemployment rate was estimated at 11.3 percent in January this year, higher by 0.3 percentage point over 11.0 percent in January last year.
The January 2011 LFS placed the size of the labor force at approximately 39.2 million persons out of the estimated 61.5 million population 15 years old and over, resulting in the labor force participation rate (LFPR) of 63.7 percent. Among the regions, MIMAROPA registered the highest labor force participation rate at 70.0 percent while the lowest was posted in ARMM at 55.7 percent.
The January 2011 Labor Force Survey (LFS) placed the employment rate at 92.6 percent. This figure is not significantly different from the estimate reported in January last year, which was 92.7 percent.
Self-employed workers without any paid employee constituted 29.5 percent of the total employed while employers in own family-operated farm or business made up 3.5 percent. The unpaid family workers accounted for 10.7 percent.
The employment rate or the proportion of employed persons to total labor force in October 2011 is estimated at 93.6 percent. This is higher than the estimate for October last year, which is 92.9 percent.