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Reference-Number
2021-0400-SR19
Figure 1. Labor Force Participation Rate by Survey Round, CALABARZON: 2021   Notes: Estimates for 2021 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey   The number of persons in the labor force in CALABARZON reached about 6.8 million of the estimated 11.1 million population 15 years old and over for 2021 (See summary statistics). This translates to a labor force participation rate (LFPR) of 62.6 percent, which means that about 63 out of 100 population aged 15 years and over were either employed or unemployed. It registered a slight increase of 0.9 percentage points compared to the LFPR in 2020 which is 61.7 percent. Moreover, April survey round posted the highest LFPR in 2021 with 64.8 percent.   Employment rate was highest in July round at 92.3 percent   The July 2021 LFS round registered the highest employment rate at 92.3 percent.  However, it slightly decreased to 89.7 percent during the October round. Compared to the annual ER of 88.4 percent in 2020, the average ER in 2021 is higher by 0.4 percentage points. It translates to about 6.3 million employed persons in 2021 from 6.1 million last year. The April estimate recorded the lowest ER this year with 86.6 percent or only 6.4 million population 15 years old and over employed persons out of the 7.4 million in the labor force. Employment rates in the region exhibited slight year-on-year increases as compared to the ERs during the pandemic period in 2020.   Figure 2. Employment Rate CALABARZON: 2020 and 2021 Notes: Estimates for 2021 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey   Unemployment rate for 2021 was estimated at 11.2 percent   A lower annual unemployment rate of 11.2 percent was recorded in 2021 compared to 11.6 percent in 2020. Unemployment rate was high during the first two quarters of the year with 13.1 percent in January and 13.4 percent during the April round of the LFS.  The July survey round posted a single-digit unemployment rate of 7.7 percent. As of October, of the 7.1 million population considered in the labor force in the region, 795 thousand were reported as unemployed.   Figure 3. Unemployment Rate, CALABARZON: 2021         Notes: Estimates for 2021 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey   Underemployment rate in the last quarter was highest at 19.7 percent   Figure 4. Underemployment Rate, CALABARZON: 2021 Notes: Estimates for 2021 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey   The underemployed persons in the region were estimated at around 1.3 million in last quarter (October) of 2021. This number represented 19.7 percent of the total employed persons in the region. On the other hand, the year-on-year increment in underemployment was at 7.2 percentage points from 12.5 percent last year to 19.7 percent in October this year. This translates to about 1.3 million working population considered themselves as underemployed. These 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.   EMPLOYMENT SUMMARY STATISTICS: 2020 AND 2021   2020 Jan Apr Jul Oct Average Total Population 15 Years Old (in '000) 10,912 11,042 11,206 11,226 11,097 Labor Force (in '000)  6,984  6,437  7,161  6,803 6,846 Labor Force Participation Rate 64.0 58.3 63.9 60.6 61.7 Employed (in '000)  6,516  5,362  6,273  6,055  6,051 Employment Rate 93.3 83.3 87.6 89.0 88.4 Unemployed (in '000)  468  1,075  888  748  795 Unemployment Rate 6.7 16.7 12.4 11.0 11.6 Underemployed (in '000)  756  1,271  1,374  757  1,039 Underemployment Rate 11.6 23.7 21.9 12.5 17.2   EMPLOYMENT SUMMARY STATISTICS: 2020 AND 2021 (cont’d)     2021 Jan Apr Jul Oct Average Total Population 15 Years Old (in '000) 11,257 11,350 11,437 11,500 11,386 Labor Force (in '000) 6,923 7,355 6,908 7,314 7,125 Labor Force Participation Rate 61.5 64.8 60.4 63.6 62.6 Employed (in '000) 6,016 6,369 6,376 6,561 6,331 Employment Rate 86.9 86.6 92.3 89.7 88.9 Unemployed (in '000) 907 986 532 753 795 Unemployment Rate 13.1 13.4 7.7 10.3 11.2 Underemployed (in '000) 908 1,185 1,218 1,293 1,151 Underemployment Rate 15.1 18.6 19.1 19.7 18.2 Notes: Estimates for 2021 are preliminary and may change. Source: Philippine Statistics Authority, Labor Force Survey      Highlights Total labor force population in 2021 for the region was estimated at 7.1 million. With about 11.4 million estimated population 15 years old and over, labor force participation rate was at 62.6 percent. Total employed persons were approximately 6.3 million in 2021 or an annual regional employment rate of 88.9 percent. Total unemployed persons in 2021 reached 795 thousand or an unemployment rate of 11.2 percent. Underemployment rate was recorded at 18.2 percent or approximately 1.2 million persons in the region were underemployed.         (SGD) CHARITO C. ARMONIA Regional Director     BFP/COB/JGM

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