Economy generates 1.654 million employed persons as of April—Baldoz

Date Posted: September 1st, 2014 03:30 AM

President Benigno S. Aquino III delivers his State of the Nation Address with a generally positive employment picture, Labor and Employment Secretary Rosalinda Dimapilis-Baldoz observed, as she said the economy as of April 2014 has generated 1.654 million employed persons, an employment growth of 4.5 percent.

Citing the April 2014 Labor Force Survey of the Philippine Statistics Authority, Baldoz said employment had risen from 37,011 million in April 2013 to 38,665 million in April 2014, which translated into an increase 1.654 million employed persons year-on-year.

"The April 2014 Labor Force Survey, which is the second survey round to be made this year, yielded a more positive employment outlook compared to the April 2013 Labor Force Survey," Baldoz said.

"There is also a marked increase in labor force participation in April 2014, she said, citing  that Labor force participation rate increased from 63.8 percent in April 2013 to 65.2 percent in April 2014. Consequently, employment rate steadily increased from 92.4 percent in April 2013 to 93.0 percent in April 2014," she added.

The labor and employment chief said the increase of 1.654 million employed persons are distributed as follows:

• Services, 929,000 (4.8 percent), composed of wholesale and retail trade, financial, insurance, banking, administrative and support service activities, including business process outsourcing;

• Industry, 374,000 (6.3 percent), composed of manufacturing, electricity, gas, steam and air conditioning; and

• Agriculture, 352,000 (3.1%), composed of agriculture, hunting and forestry.

Baldoz noted that one prominent aspect of the robust employment growth was the growing private sector and wage employment.

"Based on the survey, the number of wage and salary workers increased by 909,000 (4.3 percent) from 21.310 million a year ago to 22.219 million year-on- year. This is a good employment indicator because wage and salary workers, or the so-called formal sector workers, are more protected," she explained.

By class of worker, the 1.654 million increment in employed persons belong to wage and salary workers (909,000); self-employed without any paid employee (329,000); unpaid family workers (302,000); and employer in own family-operated farm or business (114,000).

Regionally, Baldoz said 14 of the country's 16 regions experienced gains in employment, with Region 4-A leading at 325,000 (6.9 percent; followed by Region 3 at 205,000 (5.2 percent); Regions 7 at 186,000 (6.3 percent); NCR at 185,000 (4.1 percent); Region 11 at  181,000 (10.1 percent); Region 6 at 173,000 (5.9 percent); ARMM at 134,000 (11 percent)

The other regions that recorded employment gains were Region 1 (87,000); Region 10 (83,000); Caraga (52,000); Region 12 (51,000); Region 4-B (44,000); Region 5 (26,000); and CAR (4,000).

"Only three regions suffered from employment losses. These are Region 2, which lost 42,000; Region 8 (-13,000); and Region 9, which recorded a negative 27,000," Baldoz said.

Barring any major setback, Baldoz expressed optimism that the next round of the Labor Force Survey will sustain the country's robust employment situation.

"This optimism is anchored on the overall effort and commitment of the government, including the DOLE, to implement programs, projects, and services that facilitate employment and make the business climate conducive for job creation and job generation," she concluded.


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