Labor Undersecretary for employment promotion and manpower development Danilo P. Cruz said the National Statistics Office’s (NSO) labor force survey also showed that own account employment, consisting mainly of activities that are entrepreneurial and business in nature, grew by 0.04 percent (+47,000) to 11.701 million from 11.654 million during the period.
"Thus," Cruz said, "payroll jobs, supplemented by entrepreneurial, business and other legitimate activities, continue for the greater part to be the main source of income for Filipino families nationwide."
"This mirrors the reality that regular jobs and business activities continue to complement each other in reinforcing the resiliency of the Filipinos and their capacity to make ends meet," he said.
"Indeed, we are confident that more payroll jobs will be generated, and entrepreneurship and other legitimate and productive activities stimulated and supported under the government’s program to create six to 10 million jobs in the next six years," he added.
Meanwhile, the DoLE’s Bureau of Labor and Employment Statistics (BLES) said data from the NSO’s Family Income and Expenditures Survey (FIES) shows that income from wage and salary employment, largely from non-agricultural sources, is the main source of income for 47.3 percent of all Filipino families.
The data on family income provided by the FIES is one of the indicators of the well-being and living conditions of families in the Philippines, the BLES emphasized.
On the other hand, entrepreneurial activity mostly of the agricultural kind, is the second major source of income for families in the country at 32.9 percent, supplemented by other sources of legitimate income locally or overseas at 19.8 percent.
BLES said majority, or 62.3 percent of families in the National Capital Region (NCR), relied on wage and salary employment as their main income source.
On the other hand, entrepreneurial activity was relied on by families in various other regions – ranging from 40 percent of the families in the Cordillera Administrative Region (CAR) to 79.4 percent in the ARMM.
According to BLES, salaries and wages in general included all forms of legitimate compensation in cash or in kind received by family members whether as regular or as occasional/seasonal agricultural or as non-agricultural workers.
The earnings in cash, it said, included basic salaries and wages and various allowances.
Basic salaries included retirement/life insurance premiums, social security, union dues, Pag-Ibig, PhilHealth, and other contributions.
Allowances consisted of transportation and representation, clothing, housing, overtime pay, tips, longevity pay, commissions, medical benefits, emergency and relief, and other benefits.
The earnings in kind, on the other hand, included goods such as free medicines, rice, meat, fish, and clothing.
Meanwhile, income from entrepreneurial activities came from agricultural activities such as crop farming and gardening, livestock and poultry raising, fishing, forestry and hunting, and non-agricultural activities such as wholesale and retail, manufacturing, community, social and recreational and personal services, transportation, storage and communication services, mining and quarry, construction, etc.