“The Philippines is one of the most dynamic economies in the East Asia region, with sound economic fundamentals and a globally recognized competitive workforce”, as stated by The World Bank in its October 2015 report. This statement is supported by the increasing demand for Overseas Filipino Workers (OFWs) worldwide. Through the years, the remittances of OFWs continuously provide support to the country’s economy. Its economic performance could be accounted for through the intensified movement of the country’s Gross Domestic Product (GDP) from 2013 to 2014.
The 2015 Yearbook of Labor Statistics (YLS) provides timely, accurate and reliable labor and employment statistics that will help policy-makers in the formulation of evidence-based policies and programs for the continuous advancement of the country.
The 34th edition of YLS is a comprehensive compilation of statistical information focusing on the country’s labor, employment and other relevant socio-economic indicators that contains 22 chapters covering historical data as early as 1937 and five-year time series data up to 2014. Specifically, data on the Philippines’ total population, economically active population or labor force, employment, underemployment, unemployment, working children, youth employment, hours of work, compensation and wages, labor productivity and consumer price index, family income and expenditures, functional literacy and social security are provided herein. Moreover, the YLS featured the administrative-based/operational statistics of the Department of Labor and Employment (DOLE), particularly on local and overseas job facilitation, workers’ protection and welfare, labor standards and labor relations.
The Explanatory Notes at the last chapter consist of metadata of the various survey results as well as concepts and definitions for better understanding and correct interpretation of the labor statistics contained in this publication.
The PSA would like to acknowledge and extend its gratefulness to all agencies where the data were secured. The Bangko Sentral ng Pilipinas, Commission on Filipinos Overseas, Commission on Higher Education, Department of Budget and Management, Government Service Insurance System, Home Development Mutual Fund, Philippine Health Insurance Corporation, Supreme Court of the Philippines and Social Security System for their assistance in the provision of necessary data inputs. Equally deserving of our gratitude are the various bureaus, regional offices and attached agencies of DOLE.
The PSA sincerely hopes that this publication will continuously and effectively serve as a useful tool for the statistical needs of its various stakeholders in the government and private sectors.
PHILIPPINE STATISTICS AUTHORITY
Quezon City, Philippines