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SELECTED LABOR AND WAGE INDICATORS |
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for periods indicated |
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2004 |
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2005 |
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2006 |
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2007 |
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2008 |
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Ave./ Total |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
|
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
|
1st Qtr |
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| Labor Statistics |
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| A.
Labor Force Participation Rate (%) 1 |
67.5 |
|
a |
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|
64.3 |
|
63.7 |
|
64.9 |
|
64.7 |
|
64.0 |
|
|
64.8 |
|
64.5 |
|
63.6 |
|
63.2 |
|
63.4 |
p |
|
| B.
Employment Rate (%) 1 |
88.2 |
|
a |
|
|
92.1 |
|
91.9 |
|
91.9 |
|
92.0 |
|
92.7 |
|
|
92.2 |
|
92.6 |
|
92.2 |
|
93.7 |
|
92.6 |
p |
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| C.
Unemployment Rate (%) 1 |
11.8 |
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a |
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|
7.9 |
|
8.1 |
|
8.1 |
|
8.0 |
|
7.3 |
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|
7.8 |
|
7.4 |
|
7.8 |
|
6.3 |
|
7.4 |
p |
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D. Employment Services |
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| 1.
Job Openings Reported (Thou.)
|
1305.6 |
|
1377.0 |
|
|
1658.3 |
|
329.5 |
|
449.8 |
|
418.7 |
|
460.3 |
|
|
336.6 |
|
265.5 |
|
410.5 |
|
512.3 |
p |
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| 2.
Applicants Registered (Thou.)
|
1135.0 |
|
1140.3 |
|
|
1199.6 |
|
278.9 |
|
332.0 |
|
271.8 |
|
316.9 |
|
|
201.1 |
|
305.6 |
|
281.2 |
|
330.7 |
p |
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| 3. Local
Placements (Thou.) |
813.2 |
|
789.7 |
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|
794.5 |
|
148.8 |
|
218.9 |
|
183 |
|
244.1 |
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|
125.0 |
|
237.8 |
|
196.5 |
|
225.1 |
p |
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| 4. Overseas
Placements (Thou.) |
933.6 |
|
988.4 |
|
|
1058.6 |
|
280.6 |
|
294.8 |
|
263.9 |
|
219.3 |
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|
256.8 |
|
289.9 |
|
280.6 |
|
242.9 |
p |
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| 5.
Actual Strikes |
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| |
Newly Declared |
25.0 |
|
26.0 |
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|
12 |
|
5 |
|
4 |
|
2 |
|
1 |
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1 |
|
- |
|
3 |
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2 |
p |
3 |
p |
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| |
Settled/Decided/Withdrawn |
11.0 |
|
19.0 |
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11 |
|
3 |
|
4 |
|
- |
|
4 |
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|
1 |
|
- |
|
1 |
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2 |
p |
- |
p |
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| |
Rate of Settlement (%) |
44.0 |
|
70.4 |
|
|
84.6 |
|
50.0 |
|
66.7 |
|
- |
|
80.0 |
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|
50.0 |
|
- |
|
33.3 |
|
66.7 |
p |
- |
p |
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| |
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| Legislated Wage Rates 2 |
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| A.
In Nominal Terms |
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| Non-Agricultural 3 |
Non-Agricultural 3 |
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| |
NCR |
|
300.00 |
|
318.75 |
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|
350.00 |
|
325.00 |
|
325.00 |
|
350.00 |
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350.00 |
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350.00 |
|
350.00 |
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362.00 |
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362.00 |
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362.00 |
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| |
Regions Outside NCR 4 |
255.00 |
|
262.50 |
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287.00 |
|
277.00 |
|
277.00 |
|
277.00 |
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287.00 |
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287.00 |
|
287.00 |
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287.00 |
|
300.00 |
|
300.00 |
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| |
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Agricultural |
Agricultural |
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Plantation |
230.00 |
|
305.23 |
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|
313.00 |
|
288.00 |
|
288.00 |
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313.00 |
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313.00 |
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313.00 |
|
313.00 |
|
325.00 |
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325.00 |
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325.00 |
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b |
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| |
Non-Plantation |
230.00 |
|
305.23 |
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|
313.00 |
|
288.00 |
|
288.00 |
|
313.00 |
|
313.00 |
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313.00 |
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313.00 |
|
325.00 |
|
325.00 |
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325.00 |
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| |
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| B.
In Real Terms (At 2000 prices)
4 |
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| Non-Agricultural 3 |
Non-Agricultural 3 |
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| |
NCR |
|
237.00 |
|
241.12 |
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|
245.61 |
|
233.48 |
|
230.33 |
|
247.00 |
|
245.61 |
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|
246.31 |
|
243.39 |
|
248.46 |
|
245.4 |
|
241.66 |
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| |
Regions Outside NCR 4 |
204.00 |
|
201.87 |
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|
205.88 |
|
203.08 |
|
201.75 |
|
207.37 |
|
205.88 |
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206.03 |
|
204.27 |
|
206.62 |
|
208.3 |
|
204.36 |
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| |
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|
Agricultural |
Agricultural |
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| |
Plantation |
184.00 |
|
229.72 |
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|
219.65 |
|
206.9 |
|
204.11 |
|
220.89 |
|
219.65 |
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|
220.27 |
|
217.66 |
|
223.06 |
|
220.3 |
|
216.96 |
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b |
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| |
Non-Plantation |
184.00 |
|
229.72 |
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|
219.65 |
|
206.9 |
|
204.11 |
|
220.89 |
|
219.65 |
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|
220.27 |
|
217.66 |
|
223.06 |
|
220.3 |
|
216.96 |
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| 1 |
Population
projection benchmark for household population 15 years and over are used to
estimate the levels (absolute number of Labor Force, Employed, Underemployed,
Unemployed |
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in
the Labor Force Survey series) were based on the National Statistics Office
(NSO) 1995-based census of population.
Starting with January 2007 LFS round, the population projection |
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based
on the 2000 Census of Population was adopted to generate the labor force statistics per NSCB
Resolution No. 1 series of 2005. For
2006 data, recalculation of employment indicators |
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were done using the population projection
based on the 2000 Census of Population. |
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| 2 |
Source of data for both nominal and real wage
rates is from the National Wages and Productivity Commission. Average/total
for annual is as of December starting 2006. |
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| 3 |
Includes
basic minimum wage and cost of living allowance (COLA). However, starting 2006, current nominal and real wage, will
include COLA only. |
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| 4 |
Starting
November 10, 1990 adjustments in the minimum legislated wage rates are being
determined by the Regional Tripartite Wages Productiviity Board. Real wages
at 2000 prices per |
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data
from the National Wages &
Productivity Commission. All data for real wage rates do not include highest
and lowest ranges for non-agricultural, for regions outside NCR and |
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agricultural, plantation and non-plantation. |
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| a |
Cannot
be computed due to the adoption of the revised unemployment definition. However , based on the old definition of
unemployment, labor force participation, employment and |
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unemployment
rates stood at 65.1, 88.6 and 11.4 ,
respectively. Starting April 2005, the new unemployment definiton was adopted
as per NSCB Resolution No. dated October 20, 2004. |
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The
definition of unemployed includes the availability criterion. Previously, only with jobs and looking for work were considered
unemployed. Hence, data for labor
force, |
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labor force partipation rate, employment rate,
unemployed and unemployment rate are not comparable with previous survey
rounds. |
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| Sources:
National Statistics Office (NSO), Bureau of Labor & Employment
Statistics (BLES) , National Wages and Productivity Commission (NWPC), |
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| National Mediation &
Conciliation Board (NCMB), Philippine
Overseas & Employment Association (POEA) |
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