The country’s employment rate in July 2017 was estimated at 94.4%, compared to the 94.6% employment rate in July 2016. During the same period, the labor force participation rate (LFPR) was estimated at 60.6% with a 70.2 million population of 15 years old and over.
The largest proportion of workers were employed in the services sector comprising 55.6% of the total employed in July 2017. The agriculture sector employed 25.2%, while the industry sector absorbed 19.2%.
In July 2017, the underemployment rate, which is the percentage of the underemployed to the total employed, was estimated at 16.3%, lower than its July 2016 level at 17.3%. The unemployment rate, on the other hand, was estimated at 5.6%, marginally higher than the 5.4% recorded in the same period last year.