PSA conducts Oct. 2019 LFS/SOF and survey on Kasambahay
posted 29-Oct-2019  ·  
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The Philippine Statistics Authority will conduct the October 2019 Labor Force Survey (LFS)/Survey on Overseas Filipinos (SOF) and Survey on Kasambahay.

The LFS is a nationwide quarterly survey of households that gathers data on the demographic and socio-economic characteristics of the population.

The LFS objective is to provide a quantitative framework in the preparation of plans and formulation of policies affecting the labor market. Moreover, it also provides statistics on levels and trends of employment, unemployment and underemployment in the country and regions.

The SOF is a nationwide survey that seeks to gather information on Filipino citizens who left abroad during the last five years. It aims to provide data on overseas Filipinos particularly the OCWs and their contribution in the economy.

Another rider survey for this round of LFS in the Survey on Kasambahay which aims to provide data on kasambahay’s household and economic characteristics.

Results of July 2019 LFS shows that Bicol Region had an employment rate of 95.0%, which is higher then the 93.6% recorded on the same month last year.

The unemployment rate also decreased from 6.4% in July 2018 to 5.0% in July 2019 while underemployment rate likewise decreased from 28.0% in July 2018 to 25.5% in July 2019.

The Oct. 2018 Survey on Overseas Filipinos showed that the region has an estimated 3,700 OFWs, a reduction of 0.1% from the 2017 estimate of 3,800.

Twenty nine (29) sample barangays with three hundred eighty-seven (387) sample households will be interviewed for LFS in the province. Actual interview of sample households will be done Oct. 10-30, 2019.

The authority and mandate of the PSA to conduct the survey emanates from R.A. 10625. Like any other surveys undertaken by the PSA, the data to be gathered in the said survey are for statistical purposes only and will be published in summary forms. Information obtained from the respondents are held STRICTLY CONFIDENTIAL and are not used for investigation, taxation and law enforcement purposes and are not be divulged to any person except authorized PSA personnel acting in the performance of their duties.

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