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(Eagle News)–The country’s employment rate in January 2024 was pegged at 95.5 percent. The Philippine Statistics Authority said this translates to 45.94 million employed persons, lower than the number of employed individuals in the same month last year, pegged at 47.35 million. January 2024’s employment rate was also higher than the employment rate posted in the same month last year–at 95.2 percent—but lower than the employment rate reported in October 2023, at 95.8 percent, the […]
(Eagle News) — The employment rate in the country was pegged at 95.7% in May, a 0.2 percent increase from the employment rate reported the month before. According to the Philippine Statistics Authority, the 95.7% translates to 48.26 million people employed. The Labor Force Participation Rate (LFPR) was registered at 65.3 percent in May, also higher than the reported LFPR in April 2023, at 65.1%. The top five sub-sectors with the highest year-on-year increase in […]
