registers 95.9% employment rate in April 2019
July 12, 2019
TACLOBAN CITY –
Employment rate (ER) in Eastern Visayas in April 2019 was estimated
at 95.9 percent, ranking fifth among the regions with high
employment rate in the country (Table 1). This figure is higher than
the 95.4 percent ER recorded in April 2018. Employment rate is the
proportion of employed persons to total labor force.
Out of the estimated 3.2
million population 15 years old and over in April 2019, about 1.9
million were economically active or in the labor force. This number
translates to a Labor Force Participation Rate (LFPR) of 61.0
percent. This figure is 2.2 percentage points lower compared with
the 63.2 percent LFPR in the same period a year ago. Eastern Visayas
registered the eighth lowest LFPR among regions.
The underemployed persons
or those employed persons who express the desire to have additional
hours of work in their present job or to have additional job, or to
have a new job with longer working hours was estimated at 575
thousand in April 2019. This is equal to an underemployment rate of
18.6 percent, lower than the 23.8 percent recorded in the same
period last year. The region had the sixth highest underemployment
rate in the country.
Meanwhile, about 81
thousand persons in the labor force were unemployed in April 2019.
This translates to an unemployment rate of 4.1 percent, lower than
the 4.6 percent rate recorded in April 2018. Eastern Visayas ranked
fifth among the regions with low employment rate.
Data were based on the
preliminary estimates released by the Philippine Statistics
Authority from the Labor Force Survey (LFS) conducted in April 2019.