NCR employment rate reached 91.5 % in January 2017

  • March 16, 2017

QUEZON CITY, March 16  (PIA) --- Employement raet In the National Capital Region (NCR) reached 91.5% according to the  Philippine Statistics Authority (PSA). 

 

Nationwide, PSA data showed that employment rate in the first month of the year reached an estimate of 93.4%.

 

Meanwhile. the labor force population in January 2017 is at  69.4 million which consists of employed and unemployed 15 years old and over. The labor force participation rate (LFPR) in the same period was estimated at 60.7%.

 

Workers in the services sector made up the 57.1% of the total employed in January 2017. The largest percentage (35.2%) of workers in this sector are those engaged in wholesale and retail trade or in repair of motor vehicles and motorcycles.

 

On the other hand, workers in the agriculture sector made up the 25.5% of the total employed in the same period. Meanwhile, the workers in the industry sector made up the 17.4% where  in workers in the manufacturing subsector made up the 48% while construction subsector made up the 47%.

 

In the same period, the wage and salary workers made up 62.8% of the total employed, with those working in private establishments continuing to account for the largest share. They made up 49.1% of the total employed in January 2017. The second largest class of workers were the self-employed making up 27.2% while unpaid family workers accounted for 6.3% of the total employed.

 

The unemployment rate in January 2017 was estimated at 6.6%. Among the unemployed persons in January 2017, 69.6% were males. Of the total unemployed, the age group 15 to 24 years comprised 44.1%, while the age group 25 to 34, 29.6%.  By educational attainment, 16.5% of the unemployed were college graduates, 14.6% were college undergraduates, and 31.1% were high school graduates. (PSA/RJB/MAPA/PIA-NCR)


Other News

ASEAN to hold first Prosperity for All Summit
  • April 28, 2017
MANILA, April 28 -- Presidential Adviser for Entrepreneurship Jose Ma “Joey” Concepcion III on Thursday, April 27, announced the holding of the first Prosperity for All Summit of the ASEAN Business Advisory Council (ASEAN-BAC) during a press briefing held at The Conrad Manila. PA Concepcion, also the Chairman of the ASEAN – BAC, hopes to convince the more developed countries in the region to help those countries lagging behind, and for big business to give a lending hand to micro, small and medium enterprises (MSMEs). “ASEAN stands as 10 countries and it is my belief that 10 coun...Read more
DOLE issues pay rules for April 28 special non-working day in Metro Manila
  • April 28, 2017
MANILA, April 28 -- The Department of Labor and Employment (DOLE) issued yesterday Labor Advisory No. 4, series of 2017 or the Payment of Wages for the Special Non-Working Day today, 28 April 2017, as the country hosts the summit of the Association of Southeast Asian Nations (ASEAN) this week.  "Malacanang has declared April 28 as a non-working day in view of the ASEAN Summit meeting, but some of our workers are still required to go to work. We are issuing this pay rules advisory for the guidance and compliance of both workers and employers," Labor Secretary Silvestre Bello III said....Read more
KWF to launch first-ever Sebwano novel in Filipino
  • April 28, 2017
MANILA, April 28 -- Walay Igsoon, the first-ever Sebwano novel written by the first Sebwano novelist Juan Villagonzalo, will be launched by the Komisyon sa Wikang Filipino (KWF) in this year’s Philippine International Literary Festival (PILF). Published in 1912—more than a century ago—Walay Igsoon, which means “without a brother,” is a story of two brothers who got orphaned and separated from each other because of the cruelties of the Spanish occupation—a separation that will later tear them apart as brothers because of the differences in their beliefs and in the social class t...Read more
Feature: Technological innovation can be affordable for PH - PIDS
  • April 28, 2017
In a world where everything is fast-paced because of advancement brought by technology, companies have to think about different ways to cope up. Fortunately, it doesn’t always have to be costly. While research and development (R&D) is crucial in maintaining competitiveness in the industry and sustaining economic growth, not all technological innovations are born out of it, according to a study published by state think thank Philippine Institute for Development Studies (PIDS). A discussion paper by Fatima Lourdes E. del Prado and Maureen Ane D. Rosellon, former research specialist and s...Read more