The country’s employment rate in April 2018 was estimated at 94.5%, compared to the 94.3% employment rate in April 2017. During the same period, the labor force participation rate (LFPR) was estimated at 60.9% of the 71.0 million population of 15 years old and over.
The largest proportion of workers were employed in the services sector comprising 56.4% of the total number of employed in April 2018. The agriculture sector employed 23.9%, while the industry sector absorbed 19.7%.
In April 2018, the underemployment rate, which is the percentage of the underemployed to the total employed, was estimated at 17.0%, higher than its April 2017 level at 16.1%. The unemployment rate, on the other hand, was estimated at 5.5%, marginally lower than the 5.7% recorded in the same period last year.