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PHILIPPINES

Last Update: 08.31.2006

LABOR FORCE STATISTICS
(April Round)
INDICATOR

2005

2006 p

Household Population 15 Years Old and Over (000)

54,195

55,393

     Labor Force (000)

35,130

35,954

          Employed (000)

32,221

33,024

               Less than 40 Hours (part-time) (000)

11,527

4,895

               40 Hours and Over (full-time) (000)

20,078

3,285

               Did not work during the Past Week (000)

616

221

               Mean Weekly Hours Worked

42.1

40.2

               Underemployed (000)

8,421

8,401

          Unemployed (000)

2,909

2,930

               Mean Weeks Looking for Work

5.7

5.4

Labor Force Participation Rate (%)

64.9

64.9

Employment Rate (%)

91.7

91.8

     Underemployment Rate (as % of Employed)

26.1

25.4

Unemployment Rate (%)

8.3

8.2
Millenium Development Goals Indicator on Labor

 

  
    Female Share in Non-Agrilcultural Wage Employment (%)

41.1

NA
    Youth Unemployment Rate (%)

17.8

17.4

Note:   1.  Details may not add up to totals due to rounding.
            2.  Starting April 2005, the new unemployment definition was adopted per NSCB Resolution No. 15 dated October 20, 2004.  The definition of unemployed includes the
                  availability criterion.  Previously, only those without jobs and looking for work were considered unemployed.  Hence, data for labor force, labor force participation
                 rate and unemployment rate are not comparable with previous survey rounds.
p  Preliminary.
NA  Not available.
Source of data:  National Statistics Office , Labor Force Survey.
  NOMINAL WAGE RATES (link to www.nwpc.dole.gov.ph)

INFLATION RATE AND PURCHASING POWER OF PESO
(2000=100)
  INDICATOR

2005

2006

Inflation Rate (%)

    

     July

 7.1 6.4

     Average for the Year

7.6 7.0

Purchasing Power of Peso (P)

    

     July

 0.77 0.72

     Average for the Year

0.77 0.73
Source of basic data:  National Statistics Office.

POVERTY THRESHOLD AND POVERTY INCIDENCE

INDICATOR

2000

2003

Poverty Threshold (P)

11,451

12,267

Poverty Incidence (%)

 

 

     Population

33.0

30.4

     Families

27.5

24.7

Food Threshold (P)

7,707

8,134
Notes:  1.  Poverty threshold is the annual per capita income required or the amount to be spent to satisfy the nutritional requirements (2,000 calories) and
                  other basic needs.
             2.  Poverty incidence is the proportion of families (or population) with per capita income less than the per capita poverty threshold to the
                  total member of families (or population).
Source of data:  National Statistical Coordination Board, Regional Poverty Estimates.

FAMILY INCOME AND EXPENDITURES
(At 2000 Prices; P)

INDICATOR

2000

2003 p

Average Family Income

145,121

130,604

Average Family Expenditures

118,839

109,988

Average Family Savings

26,282

20,615
p  Preliminary.
Source of data:  National Statistics Office (NSO), 2003 Family Income and Expenditures Survey (Preliminary Results).

LABOR PRODUCTIVITY

INDICATOR

2004 p

2005 p

At Current Prices (P)

152,670

166,473

At Constant 1985 Prices (P)

36,245

37,277

Note:  Labor Productivity was computed  by dividing the Gross Domestic Product (GDP) by the number of employed persons using the average of the four (4)
           survey rounds of the Labor Force Survey (LFS).
p  Preliminary.
r  Revised.
Sources of basic data:  National Statistical Coordination Board, Regional Accounts of the Philippines.
                                       National Statistics Office, Labor Force Survey.

DEPLOYMENT OF OVERSEAS FILIPINOS (OFWs)

INDICATOR

 2005

2006 p

TOTAL

988,615

586,819

     Land-based

740,632

447,591

        New Hires

289,981

156,371

        Rehires

450,651

291,220

     Sea-based

247,983

139,228
p  Preliminary.
Sources of data:  Philippine Overseas Employment Administration.
OFW REMITTANCES AS PERCENT TO GROSS NATIONAL PRODUCT
INDICATOR
2005
2006
1st Qtr.
April - May
 Remittances (in thousand US$)
10,689.0
2,814.4
2,040.1
 Percent (%) to GNP
10.0
9.8
-
Sources of data:   Bangko Sentral ng Pilipinas.
EXISTING WORKERS ORGANIZATIONS, COLLECTIVE BARGAINING AND COLLECTIVE NEGOTIATION AGREEMENTS

INDICATOR

2005

2006 p
(January - June)

Existing Unions (as of)

17,132

17,326

     Membership (000) (as of)

1,910

1,909

Existing Collective Bargaining Agreements (CBAs) (as of)

2,793

1,691

     Workers Covered (000) (as of)

556

246

Existing Workers Associations (WAs) (as of)

10,161

10,940

     Membership (000) (as of)

361

389

Existing Collective Negotiation Agreements (CNAs) (as of)

51

67

     Workers Covered (as of)

15,176

15,206

p  Preliminary.
Sources of data:   Bureau of Labor Relations.
STRIKES/LOCKOUT CASES

INDICATOR

2005 p

2006 p
(January - July)

Strike Notices

 

 

     New Notices Filed

465

211

          Workers Involved

109,724

42,012

     Strike Prevented

464

198

Actual Strikes

 

 

     New Strikes/Lockouts Declared

26

9

          Workers Involved

8,496

949

     Work Normalized

26

8

     Mandays Lost from On-going Strikes (000)

125

27
p  Preliminary.
Source of data:  National Conciliation and Mediation Board.