Over 60 percent of the population 15 years old and over are in the labor force
The population 15 years old and over in January 2013 was estimated at 63.7 million wherein around 40.8 million persons were reported to be in the labor force, that is, either employed or unemployed (Table 1 and Table 3). These figures placed the labor force participation rate (LFPR) at 64.1 percent. In January 2012, the LFPR was estimated at 64.2 percent. Among the regions, Autonomous Region in Muslim Mindanao (ARMM) registered the lowest LFPR at 58.0 percent (Figure 1).
Employment rate is recorded at 92.9 percent
In January 2013, the employment rate or the proportion of employed persons to total labor force was estimated at 92.9 percent (Table 1). This placed the number of employed persons at about 37.9 million (Table 2). Last year’s employment rate was 92.8 percent.
Across regions, the top two regions in terms of employment rate are Cagayan Valley (96.7%) and Zamboanga Peninsula (96.6%).
Three in five of the employed persons are males
More than half of the employed population are working in the services sector
Laborers and unskilled workers comprise about one-third of the total employed population
Three in five of the employed persons are wage and salary workers
More than half of the employed persons are full-time workers
Employed persons are classified as either full-time workers or part-time workers. Full-time workers are those who work for 40 hours or more while part-time workers work for less than 40 hours. Almost two-thirds (65.1%) of the total employed persons were working full time in January 2013. Two in five (41.4%) of the total employed worked for 40 to 48 hours. One-third (33.9%) of the total employed persons were working part time (Table 8).
One in every five employed persons desires more hours of work
Employed persons who express the desire to have additional hours of work in their present job or to have an additional job, or to have a new job with longer working hours are considered underemployed. In January 2013, the underemployment rate or the proportion of underemployed to the total employed persons is estimated at 20.9 percent. More than half (55.2%) of the total underemployed were reported as visibly underemployed or working less than 40 hours during the reference week. Those working for 40 hours or more accounted for 43.3 percent of the total underemployed (Table 9).
Of the total underemployed, those working in the services sector made up 42.3 percent, while those in the agriculture sector, 41.8 percent. The underemployed in the industry sector accounted for 15.9 percent of the total underemployed (Figure 7). Of the underemployed workers in the services sector, 46.1 percent were part-time workers. By comparison, 36.4 percent of the underemployed in the industry sector were working part-time. As to be expected, the corresponding percentage in the agriculture sector was high at 71.5 percent.
Unemployment rate was recorded at 7.1 percent
The unemployment rate or the proportion of unemployed persons to the labor force was estimated at 7.1 percent in January 2013 (Table 1). This placed the number of unemployed persons at around 2.9 million (Table 2). In the same month last year, the estimate was 7.2 percent. The unemployment rate in the National Capital Region (9.5%), Central Luzon (9.1%) and CALABARZON (8.9%) was higher than in the other regions (Table 1 and Figure 8).
Majority of the persons who are not in the labor force are women
- Out of the estimated 63.7 million population 15 years old and over, there were 40.8 million persons in the labor force.
- The employment rate in January 2013 registered at 92.9 percent. In the same month last year, the rate was estimated at 92.8 percent.
- More than half (54.1%) of the employed population were in the services sector, 30.4 percent were in the agriculture sector and the rest (15.5%) were in the industry sector.
- Laborers and unskilled workers remained to be the largest occupation group as they comprised almost one-third (32.9%) of the employed population. Officials of government and special interest organizations, corporate executives, managers, managing proprietors and supervisors came next with 16.1 percent.
- Six in ten (60.2%) of the total employed persons were wage and salary workers, 26.9 percent were self-employed, 3.5 percent were employers in own family-operated farm or business, and 9.4 percent were unpaid family workers.
- Underemployment rate was estimated at 20.9 percent in January 2013. Last year’s rate was 18.8 percent.
- Unemployment rate in January 2013 was estimated at 7.1 percent. In the same month last year, the unemployment rate was 7.2 percent.