EMPLOYMENT RATE AT 92.8 PERCENT IN APRIL 2011LFS NOR MIN HIGHEST LFPR AT 70.6 %

EMPLOYMENT RATE AT 92.8 PERCENT IN APRIL 2011LFS

NOR MIN HIGHEST LFPR AT 70.6 %

The employment rate in April 2011 Labor Force Survey (LFS) was estimated at 92.8 percent, slightly higher than the figure reported in April last year at 92.0 percent.

Among the 17 administrative regions, the National Capital Region (NCR) registered the lowest employment rate of 88.4 percent. The regions that posted high employment rates in April 2011 were Zamboanga Peninsula at 96.8 percent, Cagayan Valley, 96.7 percent, Autonomous Region in Muslim Mindanao (ARMM), 96.3 percent, MIMAROPA, Northern Mindanao, Davao Region, and SOCCSKSARGEN, each registering a rate of 96.0 percent.

Out of the estimated 61.8 million population 15 years old and over in April 2011, approximately 39.7 million were in the labor force, placing the labor force participation rate (LFPR) at 64.2 percent. Among the regions, Northern Mindanao recorded the highest LFPR at 70.6 percent while ARMM posted the lowest at 55.7 percent.

The bulk of employed persons were in the services sector comprising more than half (51.7%) of the total employed population, specifically in the wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods registering at 19.7 percent of the total employed persons.

A total of 2.9 million persons were unemployed in April 2011, placing the unemployment rate at 7.2 percent, down from 8.0 percent recorded in April last year. There were more unemployed males (64.0% of total unemployed) than unemployed females (36.0% of total unemployed). By age group, five out of 10 unemployed persons were in the age group 15 to 24 years old, while three in 10 unemployed persons were in age group 25 to 34 years old. Across educational groups, most of the unemployed were high school graduates (32.6%). College undergraduates comprised 23.1 percent of the total unemployed, while the college graduates, 20.4 

Posted in: Press Release