Fewer Filipinos jobless in April – PSA

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Metro Manila (CNN Philippines, June 5) — More Filipinos had jobs as of April, with most of them hired in the services sector.

Latest data from the Philippine Statistics Authority (PSA) reveal that there are 42.2 million employed Filipinos as of April. This represents an employment rate of 94.9 percent, which improved from 94.5 percent (or 40.9 million adults) tallied in April 2018.

The PSA defines the labor force as Filipinos aged 15 or older.

By location, the employment rate is highest in the Cordillera Administrative Region (97.1 percent), Cagayan Valley (97 percent), Davao Region (96.9 percent), and Caraga (96.0 percent).

According to the PSA's latest Labor Force Survey, salaried workers account for 63.3 percent of the total employed, largely coming from the private sector.

More Filipinos found work through the services sector, whose share rose to 58.5 percent of employed citizens from 56.4 percent a year ago. A third of them are involved in wholesale and retail trade, as well as car and motorcycle servicing.

Agriculture captured 22.3 percent or roughly nine million laborers, while some eight million adults were hired as industry workers, according to PSA data.

The National Economic and Development Authority (NEDA) said some 1.3 million jobs were created in the past year.

“The expansion may be attributed to increased business activities in line with the campaign period for the Philippine midterm elections. Adding to this is the increase in consumer demand during summer and harvest seasons,” NEDA Secretary Ernesto Pernia said in a statement.

Two-thirds of Filipino workers are full-time employees serving at least 40 hours each week. About 31.3 percent work part-time, while those considered underemployed — working, but want additional jobs or longer hours of work — stood at 13.5 percent.

SWS: Fewer Filipinos jobless in first quarter 2019

Meanwhile, the unemployment rate stood at 5.1 percent, improving from 5.5 percent a year ago. Still, this left over two million Filipinos without jobs.

The Autonomous Region in Muslim Mindanao posted the highest jobless rate at nine percent, followed by Metro Manila at 6.3 percent. Two-thirds of the unemployed Filipinos are males, the PSA said, while about a fourth are college graduates.