THE Philippine Statistics Authority - Davao Region reported that, as of October 2024, about 63.7 percent of the region's population aged 15 years and above was in the labor force.Based on the October 2024 Preliminary Employment Situation in the Davao Region , 63.7 percent of the around 3.87 million individuals aged 15 and above are in the Labor Force Participation Rate , a bit lower compared to the same period in 2023, which recorded a 63.9 percent LFPR.
6 percent, Zamboanga Peninsula with 97.1 percent, Caraga with 97.2 percent, Central Visayas with 97.1 percent, Central Luzon with 97.1 percent, Cagayan Valley with 97 percent, Eastern Visayas with 96.9 percent, Ilocos Region with 96.7 percent, and Barmm with 96.5 percent.Meanwhile, the unemployment rate in Davao Region has decreased from 2.9 percent in October 2023 to 2.5 percent in October 2024.
Labor Force Participation Rate Labor Force Employment Employment Rate Unemployment Rate Underemployment Rate PSA-Davao Philippine Statistics Authority Labor Market Economic Indicators Philippines
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