Philippine employment figures improve in April 2019
Unemployment, or the number of individuals with no jobs at all, was estimated at 5.1% in April 2019, lower than the 5.5% registered during the same month last year. The figure is equivalent to some 74,000 people getting jobs.
Of the total unemployed persons, 62.7% were men, while 37.3% were women. The age group of 15 to 24 years old comprised 43.8%, while the 25 to 34 age group made up 30.9%.
Among the regions, the Autonomous Region in Muslim Mindanao (9%), National Capital Region (6.3%), Ilocos Region (5.9%), and Bicol (5.8%) had the highest unemployment rates.
Underemployment, or individuals who have jobs but are still seeking more to make ends meet, comprised 13.5% of the total workforce. This is lower than the 17% underemployment rate registered in April 2018.
The figure is equivalent to some 1.26 million fewer underemployed persons for the period.
Underemployed persons who work for less than 40 hours in a week accounted for 60% of the total underemployed in April 2019, higher than the 52.6% recorded in the same month last year.
The employment rate in April 2019 was estimated at 94.9%, higher than the 94.5% recorded a year ago.
Regions with the highest employment rates were the Cordillera Administrative Region (97.1%), Cagayan Valley (97%), Davao Region (96.9%), and Caraga (96%).
Workers in the services sector comprised the largest proportion of the employed population (58.5%), followed by agriculture (22.3%), and industry (19.7%).
The labor force participation rate, or the number of people available for work as a percentage of the total population, recovered at 61.4%, higher than the 60.9% recorded last year and 60.2% recorded in January 2019.
The labor force population consists of the employed and the unemployed 15 years old and above. – Rappler.com