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Labor Force Survey Report
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Labor Force Survey Report
- 2014 - LFSR
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Dsecription:
The October 2014 LFS1 , which is the 4th survey round made this year, has yielded a positive employment outlook compared to the October 2013 LFS round. The results indicated a decrease in the unemployment rate from 6.4 percent to 6.0 percent, the lowest ever recorded since April 2005, when the Philippines adopted the international standard to include availability criterion in addition to “without work” and “looking for work” in the unemployment definition. The results likewise show a continued rebound for the Philippine labor market performance compared to last year’s sluggish performance brought about by the series of disasters that hit the country during the end of 2013.
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Dsecription:
Overall employment situation: The July 2014 Labor Force Survey (LFS), which is the third survey round to be made this year, has yielded a more positive employment outlook when compared to the July 2013 LFS round, year-on-year. The July 2014 LFS results indicate a continuing rebound for the Philippine labor market which began in April 2014, after slowing down in January early this year, as a result of the spillover effects of the series of disasters that struck the Philippines in late 2013.
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Dsecription:
Generally positive employment outcomes. The April 2014 Labor Force Survey1 , which is the second survey round to be made this year, has yielded a more positive employment outlook when compared year-on-year to the previous April 2013 Labor Force Survey.