|Adjustments||Not Seasonally Adjusted|
|Labor Force Employment||Oct 2021||43,826||43,592||Ths. #, NSA||Monthly|
|Total Employment||Oct 2021||43,826||43,592||Ths. #, NSA||Monthly|
|Unemployment||Oct 2021||3,504||4,255||Ths. #, NSA||Monthly|
|Unemployment Rate||Oct 2021||8.73||7.05||%, NSA||Monthly|
|Real Wages & Salaries||2019 Q4||3,122,281||2,822,810||2000 price Mil. PHP, NSA||Quarterly|
For the Philippines, the Labor Force Survey covers a range of labor market statistics, including: particpation rate, employment, unemployment and underremployment rate by region; employment status; employed persons, unemployment persons.
Labor Statistics are used to describe and analyze the size and structure of labor markets and how these change over time. It includes statistics on the situation of participants and non-participants in the world of work and the results of their participation, both as workers and as producers and employers.
The survey is undertaken by the PSA monthly except for the months where Quarterly LFS is conducted. This will provide high frequency statistical information on the Philippine labor market to better understand the current situation of employment and the economy of the Philippines during unprecedented event such as the Corana Virus of 2019 (COVID-19) pandemic.
Regional estimates are generated once every quarter whilst the national estimates are available monthly.
A sample of about 10,700 households will be interviewed for the monthly survey utilizing a total budget amounting to PhP 8.1 million. Results of the survey is expected to be released 30 days after the reference month.
|Year||Reference period||Population coverage||Unemployment definition|
|March 1971 - August 1976||Past Week||10 years old and over||Include those who were reported as wanting and looking for full-time work|
|First Qtr 1976 - First qtr 1987||Past Quarter||15 years old and over||Include those wanting and looking for work|
|July 1987 - October 1996
January 1997 - January 2005
|Past Week||15 years old and over||Based on 2 criteria
1. Without work
2. Seeking work
|April 2005 - Present||Past Week||15 years old and over||Based on 3 criteria:
1. Without work
2. Currently available for work
3. Seeking work
Starting April 2005, the new unemployment definition was adopted per NSCB Resolution no. 15 dated October 20, 2004. As indicated in the said resolution, the unemployed include all persons who are 15 years old and over as of their last birthday and are reported as: (1) without work and currently available for work and seeking work; OR (2) without work and currently available for work but not seeking work for the following reasons:
The PSA definitions of employment and unemployment closely follows the most recent international recommendations set out in the resolution concerning statistics on unemployment adopted by the Thirteenth International Conference of Labor Statisticians (1982) (IMF SDDS entries). For example, the ILO defines working-age population as persons aged 15 years and older; PSA reports such a series, and the pertinent LFS identity holds.
Starting June 2016, the Employment by Occupation series changed from PSOC 1992 to PSOC 2012.
The quarterly rounds for this release are computed as:
The annual values are calculated as the average of the four rounds.
Revisions are made periodically.
At the source(s):
At IMF (SDDS):
Conduct of Monthly Data from Jan 2021: