Philippine Labor Force hits 42.7M in April 2017
According to the Philippine Statistics Authority (PSA), the total Philippine Labor Force1 was estimated to be at 42.7 million in April 2017. Labor Force2refers to the population 15 years old and over who contribute to the production of goods and services in the country. The PSA collects data on the Philippine Labor Force quarterly on the months of January, April, July, and October.
As of April 2017, there are a total of 40.3 million employed individuals and 2.4 million unemployed; where for every 20 employed persons, there are only 1 unemployed Filipinos.
The 25-34 years old age group has the most number of employed persons at 10.7 million or 26.5%. This is in line with the global labor statistics3on employed persons where the 25-34 year old age group and 15-24 year old unemployed person contribute to the bulk of the labor force.
There were more employed male than female where for every 5 males, there are 3 females or a total of 25.1 million males versus 15.2 million females. Similarly, there are more unemployed males than females at a 3:2 ratio or a total of 1.6 million males versus 886,000 females.
Based on the *employment situation in April 2017, across educational groups, 33.5% of the unemployed were junior high school graduates,34.3% reached college (wherein 20.6% were graduates), 6.6% were elementary graduates, and 6.2% finished post secondary courses.
The data on the Philippine Labor Force may be found at https://psa.gov.ph/sites/default/files/attachments/hsd/specialrelease/TA...
1 Overseas Filipino Workers are not considered part of the labor force in the Philippines. Hence, in the LFS, data on economic characteristics of household members who are overseas workers are not collected. For the LFS reports, they are excluded in the estimation of the size of working population, that is, population aged 15 years and older, and in the estimation of the labor force.