The country’s employment rate in July 2018 was estimated at 94.6%, compared to the 94.4% employment rate in July 2017. During the same period, the labor force participation rate (LFPR) was estimated at 60.1% of the 71.6 million population of 15 years old and over.
The largest proportion of workers were employed in the services sector comprising 57.5% of the total number of employed in July 2018. The agriculture sector employed 23.1%, while the industry sector absorbed 19.4%.
In July 2018, the underemployment rate, which is the percentage of the underemployed to the total employed, was estimated at 17.2%, higher than its July 2017 level at 16.3%. The unemployment rate, on the other hand, was estimated at 5.4%, marginally lower than the 5.6% recorded in the same period last year.