Description of LFS
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.
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).
The Philippine Statistics Authority (PSA) announces the holding of a Press Briefing on February 2020 Inflation and January 2020 Employment Statistics on 05 March 2020 (Thursday), 9:00 a.m. at the PSA Conference Room, 17th Floor Eton Centris Cyberpod Three, EDSA cor. Quezon Avenue, Diliman, Quezon City.
The number of persons who were in the labor force was reported at 45.4 million of the estimated 73.1 million population 15 years old and over in July 2019.