April 2017 Labor Force Survey (LFS) Results

The results of the April 2017 LFS round indicated decent work gains, particularly in terms of generating quality employment. While employment contracted by 1.0% year-on-year (from 40.664 million in April 2016 to 40.271 million in April 2017), unemployment rate declined to 5.7% in April 2017 from 6.1% in April 2016. Underemployment rate also notably eased continue reading

January 2017 Labor Force Survey (LFS) Results

The results of the January 2017 LFS round reported a labor force participation rate of 60.7% out of the 69.414 million population 15 years old and over. This is equivalent to about 42.109 million economically active population comprising either employed or unemployed persons. More so, the employment rate was reported at 93.4% and the unemployment continue reading