Unemployment rate hits 7.3% in 2013
Manila, Philippines – The unemployment rate in 2013 was estimated at 7.3 percent translating to 3 million unemployed Filipinos, according to the National Statistics Office (NSO).
NSO reported that the annual employment rate was estimated at 92.7 or 38 million in 2013.
Workers in the services sector comprised the largest proportion of the population who are employed, making up 53.4 percent of the total employed.
Those engaged in the wholesale and retail trade or in the repair of motor vehicles and motorcycles accounted for 34.8 percent of the total employed in this sector or 18.6 percent of the total employed.
Workers in the agriculture sector comprised the second largest group (30.9%), followed by workers in the industry sector (15.7%).
Occupation-wise, the laborers remain the largest group making up 32.6 percent of the total employed.
Officials of the government and special-interest organizations, corporate executives, managers, managing proprietors and supervisors comprised the second largest occupation group, followed by farmers, forestry workers and fishermen and service workers and market sales workers.
Wage and salary workers comprised 58.6 percent of the total employed persons, numbering about 22.3 million.
Among the wage and salary workers, the workers in private establishments accounted for the largest percentage, followed by workers in government and government-controlled corporations, workers in private households and workers with pay in own family-operated farms or businesses.
Self-employed workers without any paid employee accounted for 27.9 percent of the total employed, whereas the unpaid family workers, 10.1 percent.