Unemployment

Statistics

Labor statistics
One of the most important tools
policymakers use to gauge how well
(or worse) the economy is
performing.
Timely reading of indicators such as
labor participation or unemployment
rates may provide policymakers with
enough leverage to respond to
economic problems

Methodology for
Computation
Computation of annual estimates of
labor and employment indicators is
based on the National Statistics
Coordination Board (NSCB)
Resolution No. 9 Approving and
Adopting the Official Methodology for
Generating Annual Labor and
Employment Estimates

Which states that

Labor and Employment Statistics are
significant indicators of the countrys
socioeconomic status
NSO is mandated to generate/release
the countrys official employment
statistics every quarter through the
conduct of the Labor Force Survey
(LFS)

The Most Appropriate

Approach
The average estimates of the four LFS Rounds is the most
appropriate approach due to the following reasons:
1. It captures the labor and employment situation in all four
quarters of the year (January, April, July, October)
2. The generation of cross-tabulations (e.g. by class of
workers, by occupation group) is more feasible for
producer of estimates
3. It is the closest method for estimating the number of
persons who work four times a year
4. These estimates are being used by the Department of
Labor and Employment (DOLE) and its attached agencies
and regional offices for planning/formulation of
intervention programs.

(Philippines Statistics Authority, 2009

A person is unemployed if
Two simultaneous parameters in addition to age:
1. He (she) is without work or has no job/business; AND
2. He (she) is looking for work or has taken steps to find
a job or establish a business; OR is not looking for
work because of the following reasons:
a. He(she) believes there is no work available.
b. He (she) is awaiting results of previous job
application, or is waiting for rehire or job call
c. He (she) suffers from temporary illness or disability
d. Bad weather
(Philippine Institute for Developmental Statistics, 2011)

Figures
Unemployment Rate = the
proportion of the labor force that is
unemployed hence UR = U/LF,
likewise typically expressed in
percentage.
(Philippine Institute for Developmental Statistics, 2011)

Figures (October 20022014)

Figures (January 2002-2015)

Figures (April 2002-2015)

Figures (July 2002-2015)

References
Philippine Institute for Development Studies. (2011,
January). Am I in the Labor Force? Definition and
measurement of basic concepts. Makati City,
Philippines.
Philippine Statistics Authority. (2009, July 23).
Resolutions Approved by the NSCB Executive Board.
Retrieved from Philippine Statistics Authority - National
Statistics Coordination Board:
http://nap.psa.gov.ph/resolutions/2009/9.asp
Philippine Statistics Authority. (2015, August). Laborand
Employment. Retrieved from National Statistical
Coordination Board Website:
http://www.nscb.gov.ph/secstat/d_labor.asp