Cagayan Valley posted the highest employment rate among the 18 regions in the country, according to the latest Labor Force Survey (LFS) conducted by the Philippine Statistics Authority (PSA).
The National Capital Region (NCR) or Metro Manila, on the other hand, is at the bottom end at 92.3 percent as well as the highest unemployment rate of 7.7 percent from the 8.774 million labor force.
The survey showed that Cagayan Valley obtained 96.9 percent of the total labor force, surpassing the 93.9 percent national employment rate.
It also posted the lowest unemployment rate at 3.1 percent.
The Cagayan Valley Region has a total labor force of 2.254 million, 15 years old and above, comprising the 63.4 percent labor participation rate of the region.
Generating the second highest is the Bicol Region with 96.2 employment rate and the second lowest unemployment rate at 3.8 percent.