Figure 1. Labor Force Participation Rate, CALABARZON: July 2019 to July 2020 Notes: Estimates for April and July 2020 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey The number of persons in the labor force in CALABARZON could be placed at 7.2 million of the estimated 11.2 million population 15 years old and over in July 2020 (See summary statistics). This translates to a labor force participation rate (LFPR) of 63.9 percent, which means that six hundred thirty-nine in one thousand of the population aged 15 years and over were either employed or unemployed. It was an increased of 5.6 percent from the LFPR of April 2020 which was 58.3 percent and a 1.8 percent decrement from same period last year’s LFPR of 65.7 percent. Employment rate increased by 4.3 percent Employment rate in July 2020 rose to 87.6 percent from 83.3 percent in April 2020 but decreased from 92.6 percent in July 2019. This translates to 6.3 million employed persons in July 2020 from 6.6 million in July 2019. Figure 2. Employment Rate CALABARZON: July 2019 to July 2020 Notes: Estimates for April and July 2020 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey Unemployment rate is recorded at 12.4 percent Of the estimated 7.1 million labor force in CALABARZON for the third quarter of the year, unemployment rate is estimated at 12.4 percent. It recovered as compared to the previous quarter unemployment rate which was 16.7 percent, the highest record since July 2019. The Corona virus or COVID-19 pandemic situation is still considered as the major factor that contributed to the abrupt increase from the same quarter last year. Some establishments were allowed to continue their operation in the third quarter but with minimum number of workers, varying work arrangements and reduced working hours. Figure 3. Unemployment Rate, CALABARZON: July 2019 to July 2020 Notes: Estimates for April and July 2020 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey Underemployment rate is registered at 21.9 percent Underemployed persons were estimated at 1.4 million in July 2020. This number represented 21.9 percent of the total employed persons in the region. Figure 4. Underemployment Rate, CALABARZON: July 2019 to July 2020 Notes: Estimates for April and July 2020 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey Note: Underemployed persons are those who were employed but still express their desire to have additional hours of work in their present job or to have an additional job, or have a new job with longer working hours. SUMMARY STATISTICS CALABARZON 2019 2020 July October January April July Total Population 15 Years Old (in '000) 10,811 10,343 10,912 11,042 11,206 Labor Force (in '000) 7,103 6,630 6,984 6,437 7,161 Labor Force Participation Rate 65.7 64.1 64.0 58.3 63.9 Employment (in '000) 6,577 6,245 6,516 5,362 6,273 Employment Rate 92.6 94.2 93.3 83.3 87.6 Unemployment (in '000) 526 385 468 1,075 888 Unemployment Rate 7.4 5.8 6.7 16.7 12.4 Underemployment (in '000) 796 712 756 1,271 1,374 Underemployment Rate 12.1 11.4 11.6 23.7 21.9 Notes: Estimates for April and July 2020 are preliminary and may change. Details may not add up to totals due to rounding. Source: Philippine Statistics Authority, Labor Force Survey Highlights The labor force population in July 2020 was estimated at 7.2 million in CALABARZON. This translates to 63.9 percent of labor force participation rate (LFPR) out of 11.2 million population 15 years old and over in July 2020. Total employed persons in the region for the third quarter were approximately 6.3 million or a regional employment rate of 87.6 percent. Total unemployed persons could be placed at 888 thousand with an unemployment rate of 12.4 percent. Underemployment rate was estimated at 21.9 percent or approximately 1.4 million persons out of the 6.3 million employed in the region. (SGD) CHARITO C. ARMONIA Regional Director BFP/JGM
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