Labor force population in July 2001 was 6.7% higher than the estimate of 30.5 million a year ago. Labor force participation rate, likewise, increased to 66.3% from 63.8%. Employed persons totaled 29.3 million in July 2001, up by 8.1% over July 2000.
Labor force population in October 2001 increased by 2.5 million or 7.9% to 33.4 million from last year's estimate of 30.9 million. Labor force participation rate likewise increased to 67.5% from 64.3%.
Out of the estimated 59.7 million population 15 years old and over in October 2009, approximately 38.2 million persons were reported to be in the labor force. These figures placed the labor force participation rate (LFPR) at 64.0 percent as compared last year�s LFPR of 63.7 percent. Among the regions, Northern Mindanao registered the highest LFPR at 71.2 percent and the lowest was ARMM at 57.4 percent.
Labor force is 1.5 million less than in April 1998, bringing number of unemployed down by 1.5 million and unemployment rate down from 13.3 percent to 8.9 in July.
