UNDEREMPLOYMENT RATE DROPS TO NEW RECORD LOW IN 10 YEARS

March 6, 2020 The Philippine labor market continued to record positive gains as underemployment rate fell to its lowest in a decade on top of an increased employment rate, the National Economic and Development Authority said. The January round of the Labor Force Survey (LFS) of the Philippine Statistics Authority showed that the country’s underemployment continue reading : UNDEREMPLOYMENT RATE DROPS TO NEW RECORD LOW IN 10 YEARS

UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE

December 5, 2018 The country’s underemployment rate fell to its lowest in over a decade, indicating the improvement of the quality of work nationwide, the National Economic and Development Authority said. Based on the October round of the Labor Force Survey (LFS) of the Philippine Statistics Authority, underemployment rate dropped to 13.3 percent in October continue reading : UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE

UNDEREMPLOYMENT RECORDS LOWEST RATE IN MORE THAN 10 YEARS

December 12, 2017 The country’s decent work agenda is moving forward as reflected in underemployment recording its lowest rate in more than a decade, despite the decrease in total employment in October 2017, according to the National Economic and Development Authority. In the October 2017 Labor Force Survey (LFS) of the Philippine Statistics Authority, a continue reading : UNDEREMPLOYMENT RECORDS LOWEST RATE IN MORE THAN 10 YEARS

AGRI SECTOR LOSS LEADS TO EMPLOYMENT DECLINE IN JANUARY 2017

MANILA – The number of employed Filipinos decreased in January 2017, partly due to the recent typhoons that affected the agriculture sector, according to the National Economic and Development Authority (NEDA). The January 2017 Labor Force Survey (LFS) of the Philippine Statistics Authority showed that the country’s employment rate declined to 93.4 from 94.3 percent continue reading : AGRI SECTOR LOSS LEADS TO EMPLOYMENT DECLINE IN JANUARY 2017

Key employment figures improve in April 2015, on track with gov’t target for the year

MANILA—The reduction in the country’s unemployment and underemployment rates in April 2015 indicates a sustained favorable situation in the job market owing to the continued strength of the economy, according to the National Economic and Development Authority (NEDA). “The favorable market condition in April 2015 follows a similar trend in the January 2015 round of continue reading : Key employment figures improve in April 2015, on track with gov’t target for the year

Strong employment figures in July 2014 support inclusive growth targets – NEDA

MANILA—Strong gains in the country’s employment in July 2014 show continued signs of dynamism in the labor market and sustained confidence in the economy, according to the National Economic and Development Authority (NEDA). The July 2014 Labor Force Survey (LFS) revealed that the figures for employment, unemployment, underemployment, and the labor force participation rate all continue reading : Strong employment figures in July 2014 support inclusive growth targets – NEDA