PSA BENGUET ENJOINS SUPPORT FOR THE JANUARY 2024 LABOR FORCE SURVEY (LFS)/2023 FAMILY INCOME & EXPENDITURE SURVEY (FIES) VISIT 2

December 30, 2023 Community Billboard

The Philippine Statistics Authority (PSA) – Benguet will be undertaking the January 2024 Labor Force Survey (LFS) together with the second visit of the 2023 Family Income and Expenditure Survey (FIES) on January 9-31, 2024. The LFS is a nationwide quarterly survey of households conducted by the PSA to gather data on the demographic and socio- economic characteristics of the population across the country.

It is aimed to provide a quantitative framework for the preparation of plans and formulation of policies affecting the labor market. Data from the survey provides information on major labor market trends such as labor force participation and unemployment rates, hours worked, past industries and occupations of the currently unemployed persons.

The FIES aims to accomplish the following objectives: a. To gather data on family income, sources of income, family expenditure and related information, affecting family income and expenditure levels and patterns in the Philippines; b. To determine the income distribution, levels of living and
spending patterns, and the degree of inequality among families; c. To provide benchmark information to update the weights used in the estimation of Consumer Price Index (CPI); and
d. To provide inputs in the estimation of the country’s poverty threshold and incidence.

The first round of the FIES conducted last July 2023 gathered data on income and expenditure of
families for the first semester, 01 January to 30 June 2023 while the second round in January 2024 will gather data for the period July 01 to December 31, 2023. The Computer Assisted Personal
Interviewing (CAPI) application as a method of data collection will be utilized during field operation. Further, the 2020 Philippine Classification of Individual Consumption According to
Purpose (PCOICOP) will also be adopted in classifying the expenditure items of the family for this survey round.

For the 2023 FIES Visit 2, the 2023 Geo-enabled Master Sample based on the results of the 2020 Census of Population and Housing (CPH) is adopted. A total of one hundred nineteen (119) Statistical Researchers will be hired for Baguio City and Benguet for the data collection. The third level training will be conducted on the first week of January 2024. Minimum public health, safety
standards for the containment of COVID-19 will be strictly observed during all phases of the field operations. Relative to this, PSA-Benguet encourages everyone, especially the selected sample households, to please support and cooperate in the conduct of the said statistical activity.

Under Section 26 of Republic Act 10625, the household supplied information will be held strictly confidential and the report cannot be used for purposes of taxation, investigation or enforcement procedure, nor will be published except in the form of statistical summaries in which no reference to any individual person shall appear. Once again, the office would like to extend its utmost gratitude for the unending support of the public to all the different surveys and censuses undertaken by the office.