The Institute for Labor Studies has released its report on the results of the July 2017 LFS round, which indicated some decent work gains, particularly in terms of generating quality employment.
The report discusses employment gains in public administration, construction, manufacturing, and IT-BPM related sectors. It also shows that while employment contracted by 1.9% year-on-year (from 40.954 million in July 2016 to 40.170 million in July 2017), underemployment rate notably eased to 16.3% from 17.4% over the same period.
The report further reveals that the share of vulnerable employment also declined to 32.9% from 35.3%. However, these improvements may be due to contraction of sectors with high share of vulnerable workers such as agriculture, and wholesale and retail trade. Labor force participation also continued to decline (from 63.2%in July 2016 to 60.6% in July 2017) for the third consecutive quarter, due to young people studying under K-12, and more females opting out of the labor force due to family and household.
The LFS is a survey conducted by the Philippine Statistics Authority (PSA) to capture data sets that describe the employment situation of persons of working age (15 years and over) within a given period. Conducted in four (4) survey rounds every year (January, April, July and October), LFS covers a sample size of 44,000 households in 18 regions nationwide. The LFS provides the official measures/statistics on the levels and trends of employment, unemployment and underemployment for the country.
The main data sets of the LFS are the working age population, labor force, employment and unemployment. The data sets can be classified according to sex, industry, class of worker, age and educational attainment. They can also be broken down by region.
The Institute for Labor Studies (ILS) is the policy research and advocacy arm of the Department of Labor and Employment. For more information about ILS products and services, please visit: http://ilsdole.gov.ph or call Advocacy and Publications Division at tel.no. 527-3490.