DOLE upbeat on latest Labor Force Survey

MANILA-- The Department of Labor and Employment (DOLE) is optimistic that the quarterly Labor Force Survey (LFS) will continue to prosper.

Reacting on the LFS April 2017 report, DOLE Bureau of Local Employment (BLE) Director Dominique Tutay said they are confident that the positive developments that started under the Duterte administration will continue.

"We do hope that our employment situation will continue (improving) under the first year of the Duterte administration," she said in an interview at the Independence Day Job and Business Fairs held at the Rizal Park, Manila on Monday.

"This is line with the Duterte administration creating 7.5 million jobs by 2022," she added.

Tutay cited as an example the improvement of the employment, unemployment, and underemployment rates in the said report.

"We are hopeful because the unemployment rate recorded in April 2017 Labor Force Survey, this year is the lowest with the April round since 2006," she said.

The April 2017 LFS revealed that the employment rate in April 2017 was estimated at 94.3 percent, which is higher than the April 2016 employment rate of 93.9 percent.

The unemployment rate was estimated at 5.7 percent, which is lower than the unemployment rate from the same month last year, which was 6.1 percent.

April 2017 underemployment rate was estimated at 16.1 percent, which is lower than the same period from the previous year at 18.3 percent.

Source: Philippines News Agency