The latest Labor Force Survey (LFS) of the National Statistics Office (NSO) revealed that more Filipinos now are employed compared to unemployed or underemployed.
Based on the July 2010 LFS, the country’s employment rate was at 93.1 percent, estimated at 36.3 million; higher by 300,000 compared to last April. This was also higher by as much as seven million compared to the July 2009 data.
Similar to previous labor surveys, the National Capital Region had the lowest employment rate, measured at 89.1 percent, while the Cagayan Valley, Zamboanga Peninsula, Northern Mindanao and Autonomous Region in Muslim Mindanao (ARMM) posted the highest employment rate at 96 percent.
On the other hand, the number of unemployed Filipinos decreased by as much as four million. The latest data showed the unemployment rate at 6.9 percent, which represented approximately 2.7 million, compared to April’s unemployment rate at 8.0 percent, or 3.1 million Filipinos. July 2009’s unemployment rate was at 7.6 percent.
Based on the July 2010 LFS, the country’s employment rate was at 93.1 percent, estimated at 36.3 million; higher by 300,000 compared to last April. This was also higher by as much as seven million compared to the July 2009 data.
Similar to previous labor surveys, the National Capital Region had the lowest employment rate, measured at 89.1 percent, while the Cagayan Valley, Zamboanga Peninsula, Northern Mindanao and Autonomous Region in Muslim Mindanao (ARMM) posted the highest employment rate at 96 percent.
On the other hand, the number of unemployed Filipinos decreased by as much as four million. The latest data showed the unemployment rate at 6.9 percent, which represented approximately 2.7 million, compared to April’s unemployment rate at 8.0 percent, or 3.1 million Filipinos. July 2009’s unemployment rate was at 7.6 percent.
Trabaho.com. thanks its following sources:
National Statistics Office Press Release. Employment Rate Estimated at 93.1 Percent in July 2010 (Posted September 15, 2010) Retrieved September 20, 2010 from
http://census.gov.ph/data/pressrelease/2010/lf1003tx.html
National Statistics Office Press Release. Employment Rate Estimated at 93.1 Percent in July 2010 (Posted September 15, 2010) Retrieved September 20, 2010 from
http://census.gov.ph/data/pressrelease/2010/lf1003tx.html
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