Description of LFS
Labor force participation rate (LFPR) was estimated at 58.7 percent in October 2020. This accounted for 43.65 million of the estimated 74.31 million Filipinos 15 years old and over who were either employed or unemployed in October 2020.
The Philippine Statistics Authority (PSA) announces the conduct of the Press Conference on the August 2021 Labor Force Survey (Preliminary) Results on 30 September 2021 (Thursday) at 9:00 AM through video conferencing using Zoom.
Unemployment rate in July 2021 was estimated at 6.9 percent and it is the lowest since the pandemic in April 2020. In terms of magnitude, there were 3.1 million unemployed persons 15 years old and over in July 2021 which is lower by 1.5 million than the 4.6 million reported in July 2020. The July 2021 figure is also lower by 0.7 million than the 3.8 million reported in June 2021.
The Philippine Statistics Authority (PSA) announces the conduct of the Press Conference on the July 2021 Labor Force Survey (LFS, Preliminary) Results on 07 September 2021 (Tuesday) through video conferencing using Zoom. This will follow immediately after the Press Conference on the August 2021 inflation at 9:00 AM.