The reported LFPR in January 2023 was higher than the reported LFPR in January 2022 and in October 2022 at 60.5 percent and 64.2 percent, respectively.Ĭentral Visayas, for its part, has 65 percent LFPR, which is higher than the national average.Īside from Region VII, the other regions with higher LFPR include the Bangsamoro Autonomous Region in Muslim Mindanao at 73.2 percent, Caraga (70.1 percent), Region XII (69.1 percent), Region X (68.6 percent), Region IX (65.2 percent).īy region, five regions registered unemployment rates higher than the national rate of 4.8 percent in January 2023 – these include Regions V (6.6 percent), CALABARZON (5.9 percent), National Capital Region (5.7 percent), Region VI (5.6 percent), and Caraga (5.0 percent). The national average of LFPR is at 64.5 percent in January 2023 which is equivalent to 49.72 million Filipinos in the labor force. LFPR is defined by PSA as the “percentage of the total number of persons in the labor force to the total population 15 years old and over.” CEBU, Philippines - Central Visayas is one of the six regions which recorded a labor force participation rate (LFPR) that is higher than the national average, latest data from the Philippine Statistics Authority (PSA) revealed.
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