Labor and Employment

January 2020 Employment Situation of Central Visayas

In January 2020, the total population 15 years old and over in Central Visayas was estimated at 5.3 million wherein the number of persons who were in the labor force was reported at 3.4 million. This placed the labor force participation rate (LFPR) at 63.8 percent, which means that six in ten of the population aged 15 years and over were either employed or unemployed. (Figure 1)

July 2020 Employment Rate in Central Visayas (Preliminary Results)

From the result of the July 2020 Labor Force Survey (LFS), Central Visayas has 5,482,000 total population of 15 years old and over wherein 57.8 percent were engaged in the Labor Force also known as the Labor Force Participation Rate (Table 1).

Labor Force Participation Rate is the percentage of the total number of persons in the labor force to the population of 15 years old and over.

The national employment rate in July 2020 was estimated at 90.0 percent. Among regions, Central Visayas had an employment rate of 88.3 percent which is lower compared with the national estimate (Table 2).

The labor force population consists of the employed and the unemployed persons 15 years old and over.

Annual Labor and Employment Estimates for 2019

The Annual Labor and Employment Estimates for 2019 based on the average of the four (4) LFS rounds (January, April, July and October) reported an annual labor force participation rate of 62.3 percent out of the 5.4 million population in Central Visayas 15 years old and over. This is equivalent to about 3.4 million economically active population comprising of either employed and unemployed persons.

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