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Philippines Employment Rate Recorded at 92.6 percent in January 2011
The January 2011 Labor Force Survey (LFS) placed the employment rate at 92.6 percent. This figure is not significantly different from the estimate reported in January last year, which was 92.7 percent.
The regions that posted high employment rates in January 2011 were Cagayan Valley and Zamboanga Peninsula, each registering a rate of 96.9 percent, SOCCSKSARGEN, 96.8 percent, Autonomous Region in Muslim Mindanao (ARMM), 96.1 percent, and MIMAROPA, 95.7 percent. The National Capital Region (NCR) had the lowest employment rate at 88.0 percent.
The January 2011 LFS placed the size of the labor force at approximately 39.2 million persons out of the estimated 61.5 million population 15 years old and over, resulting in the labor force participation rate (LFPR) of 63.7 percent. Among the regions, MIMAROPA registered the highest labor force participation rate at 70.0 percent while the lowest was posted in ARMM at 55.7 percent.
Of the estimated 36.3 million employed persons in January 2011, the services sector was the largest group comprising more than half (52.5%) of the total employed population. The largest employed workforce in the services sector were in wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods (20.0% of the total employed).
Workers in the agriculture sector accounted for 32.9 percent of the total employed, with those engaged in the agriculture, hunting and forestry sub-sector making up the largest sub-sector (29.0% of the total employed). Only 14.5 percent of the total employed were in the industry sector, with the manufacturing sub-sector making up the largest percentage (8.1% of the total employed).
Among the various occupation groups, the laborers and unskilled workers comprised the largest group making up 31.7 percent of the total employed persons in January 2011. Farmers, forestry workers and fishermen were the second largest group, accounting for 16.0 percent of the total employed.
Employed persons fall into any of these categories: wage and salary workers, own account workers and unpaid family workers. Wage and salary workers are those who work for private households, private establishments, government or government corporations and those who work with pay in own-family operated farm or business. The majority (54.7%) of the total employed population in January 2011 were wage and salary workers, with the largest percentage (40.9%) working for private establishments. Those working for the government/government controlled corporations accounted for only 8.1 percent and those working for private households, 5.3 percent. Self-employed workers without any paid employee constituted 30.4 percent of the total employed while employers in own-family operated farm or business made up 3.6 percent share. The unpaid family workers accounted for 11.3 percent of the total employed.
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. Of the total employed persons in January 2011, 62.4 percent were working full time while 36.3 percent were part-time workers.
Employed persons who express 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 hours are considered underemployed. The number of underemployed persons in January 2011 was estimated at 7.1 million placing the underemployment rate at 19.4 percent. About 60.5 percent of the total underemployed persons were working less than 40 hours during the reference week. Such type of underemployed workers are classified as visibly underemployed. Those working for 40 hours or more accounted for 37.0 percent. The underemployed in the agriculture sector accounted for 44.8 percent of the total underemployed, those in the services sector at 40.4 percent and in the industry sector at 14.8 percent.
The unemployment rate in January 2011 was estimated at 7.4 percent. There were more unemployed males (62.7% of all unemployed) than females (37.3%). Almost half (48.9%) of the unemployed were in age group 15-24 years. More than one third (35.1%) of the unemployed were high school graduates, and almost two-fifth (39.1%) reached college education.
(Sgd.) CARMELITA N. ERICTA
2.) Awaiting results of previous job application
3.) Temporary illness/disability
4.) Bad weather
5.) Waiting for rehire/job recall
Income and Employment Statistics Division
Household Statistics Department
National Statistics Office
Retrieved from: census.gov.ph on March 21, 2011
This article was written by admin under the Philippine Government category. It has been viewed times and generated 0 comments. The article was created on 21-March-2011.
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