The National Statistics Office (NSO) released last September 15, 2009 its latest Labor Force Survey (LFS).
According to the July 2009 LFS, the country’s employment rate is at 92.4 percent, lower than 0.2 percent from July 2008. The National Capital Region (NCR) recorded the lowest employment rate at 87.9 percent. Aside from NCR, the CALABARZON provinces, comprised of Cavite, Laguna, Batangas, Rizal and Quezon, had employment rate lower than the national employment rate recorded at 88.9%.
Furthermore, the survey states that of the estimated 59.5 million Filipinos age 15 years and over, about 38.4 million persons were reported to be in the labor force. This translates to a labor force participation rate (LFPR) of 64.6 percent as compared to last year’s LFPR of 64.3 percent. Among the regions, Northern Mindanao registered the highest LFPR at 71.2 percent and lowest in ARMM at 59.1 percent.
Of the estimated 35.5 million employed persons in July of this year, more than half (51.5%) worked in the services sector. Those employed in wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods sub-sector comprising the largest sub-sector (18.9% of the total employed). Workers in the agriculture sector accounted for 33.6 percent of the total employed. Only 14.8 percent of the total employed were in the industry sector.
Among the various occupation groups, laborers and unskilled workers comprised the largest proportion (33.0%) of the total employed population. Farmers, forestry workers and fishermen were the second largest group, accounting for 16.2 percent of the total employed population.
Meanwhile, underemployment rate fell from 21 percent to 19.8 percent. NSO considers an employed person underemployed if he expresses the desire to have additional hours of work in their present job or to have additional job, or to have a new job with longer working.
On the other hand, the unemployment rate posted at 7.6 percent, translating to 2.9 million Filipinos. The number is higher by 200,000 during the same period last year. According to the NSO, the current unemployment rate of 7.6 percent is not significantly different from the July 2008 rate, which was 7.4 percent.
Department of Labor and Employment http://www.dole.gov.ph Secretary Marianito Roque said that the increase was expected due to the influx of fresh graduates. Based on the survey, high school graduates comprised more than one-third (33.0%) of the unemployed students. On the other hand, college undergraduates comprised about one-fifth (21.5%), while the college graduates, 19.7 percent.
According to the July 2009 LFS, the country’s employment rate is at 92.4 percent, lower than 0.2 percent from July 2008. The National Capital Region (NCR) recorded the lowest employment rate at 87.9 percent. Aside from NCR, the CALABARZON provinces, comprised of Cavite, Laguna, Batangas, Rizal and Quezon, had employment rate lower than the national employment rate recorded at 88.9%.
Furthermore, the survey states that of the estimated 59.5 million Filipinos age 15 years and over, about 38.4 million persons were reported to be in the labor force. This translates to a labor force participation rate (LFPR) of 64.6 percent as compared to last year’s LFPR of 64.3 percent. Among the regions, Northern Mindanao registered the highest LFPR at 71.2 percent and lowest in ARMM at 59.1 percent.
Of the estimated 35.5 million employed persons in July of this year, more than half (51.5%) worked in the services sector. Those employed in wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods sub-sector comprising the largest sub-sector (18.9% of the total employed). Workers in the agriculture sector accounted for 33.6 percent of the total employed. Only 14.8 percent of the total employed were in the industry sector.
Among the various occupation groups, laborers and unskilled workers comprised the largest proportion (33.0%) of the total employed population. Farmers, forestry workers and fishermen were the second largest group, accounting for 16.2 percent of the total employed population.
Meanwhile, underemployment rate fell from 21 percent to 19.8 percent. NSO considers an employed person underemployed if he expresses the desire to have additional hours of work in their present job or to have additional job, or to have a new job with longer working.
On the other hand, the unemployment rate posted at 7.6 percent, translating to 2.9 million Filipinos. The number is higher by 200,000 during the same period last year. According to the NSO, the current unemployment rate of 7.6 percent is not significantly different from the July 2008 rate, which was 7.4 percent.
Department of Labor and Employment http://www.dole.gov.ph Secretary Marianito Roque said that the increase was expected due to the influx of fresh graduates. Based on the survey, high school graduates comprised more than one-third (33.0%) of the unemployed students. On the other hand, college undergraduates comprised about one-fifth (21.5%), while the college graduates, 19.7 percent.
Trabaho.com thanks its following sources:
National Statistics Office. Unemployment Rate Posted At 7.6 Percent In July 2009 % (Posted September 15, 2009) Retrieved September 23, 2009 from
http://census.gov.ph/data/pressrelease/2009/lf0903tx.html
Associated Press (Published by The Philippine Star) Unemployment rate rises to 7.6 percent (Posted September 19, 2009) Retrieved September 23, 2009 from
http://www.philstar.com/Article.aspx?articleId=506630&publicationSubCategoryId=63
Jaymalin, Mayen, The Philippine Star. Working conditions improve despite rise in unemployment. (Posted September 16, 2009) Retrieved September 23, 2009 from
http://www.philstar.com/Article.aspx?articleId=505732&publicationSubCategoryId=63
Agence France-Press (Published by Inquirer.net) RP jobless rate rises to 7.6% in July (Posted September 16, 2009) Retrieved September 23, 2009 from
http://business.inquirer.net/money/breakingnews/view/20090916-225388/RP_jobless_rate_rises_to_7.6%25_in_July
DOLE Information and Publication Service. Quality of employment continues to improve – DOLE (Posted September 16, 2009) Retrieved September 23, 2009 from
http://www.dole.gov.ph/news/details.asp?id=N000002363
Philstar.com RP unemployment rate rises to 7.6% (Posted September 15, 2009) Retrieved September 23, 2009 from
http://www.philstar.com/Article.aspx?articleId=505504&publicationSubCategoryId=200
Arcibal, Cheryl M., GMANews.TV. Number of jobless Pinoys rises in July, govt says. (Posted September 15, 2009) Retrieved September 23, 2009 from
http://www.gmanews.tv/story/172335/number-of-jobless-pinoys-rises-in-july-govt-says
ABS-CBN News (with reports from Agence France-Press) Jobless rate rises to 7.6% in July. (Posted September 15, 2009) Retrieved September 23, 2009 from
http://news.abs-cbn.com/business/09/15/09/jobless-rate-rises-76-july
http://census.gov.ph/data/pressrelease/2009/lf0903tx.html
Associated Press (Published by The Philippine Star) Unemployment rate rises to 7.6 percent (Posted September 19, 2009) Retrieved September 23, 2009 from
http://www.philstar.com/Article.aspx?articleId=506630&publicationSubCategoryId=63
Jaymalin, Mayen, The Philippine Star. Working conditions improve despite rise in unemployment. (Posted September 16, 2009) Retrieved September 23, 2009 from
http://www.philstar.com/Article.aspx?articleId=505732&publicationSubCategoryId=63
Agence France-Press (Published by Inquirer.net) RP jobless rate rises to 7.6% in July (Posted September 16, 2009) Retrieved September 23, 2009 from
http://business.inquirer.net/money/breakingnews/view/20090916-225388/RP_jobless_rate_rises_to_7.6%25_in_July
DOLE Information and Publication Service. Quality of employment continues to improve – DOLE (Posted September 16, 2009) Retrieved September 23, 2009 from
http://www.dole.gov.ph/news/details.asp?id=N000002363
Philstar.com RP unemployment rate rises to 7.6% (Posted September 15, 2009) Retrieved September 23, 2009 from
http://www.philstar.com/Article.aspx?articleId=505504&publicationSubCategoryId=200
Arcibal, Cheryl M., GMANews.TV. Number of jobless Pinoys rises in July, govt says. (Posted September 15, 2009) Retrieved September 23, 2009 from
http://www.gmanews.tv/story/172335/number-of-jobless-pinoys-rises-in-july-govt-says
ABS-CBN News (with reports from Agence France-Press) Jobless rate rises to 7.6% in July. (Posted September 15, 2009) Retrieved September 23, 2009 from
http://news.abs-cbn.com/business/09/15/09/jobless-rate-rises-76-july
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