RESULTS OF THE JANUARY 1999 LABOR FORCE SURVEY IN THE PHILIPPINES

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           Selected Variables             Jan-97  Jan-98   Oct-98  Jan-99
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LABOR FORCE PARTICIPATION RATE               65.4    65.0    66.0    65.3

  EMPLOYMENT RATE                            92.3    91.6    90.4    91.0

      Hours Worked
          Working:
               Less than 40 hours            34.0    35.0    35.7    34.9
               40 hours and over             64.8    63.5    62.9    63.6
               Did not work                   1.2     1.5     1.4     1.5

      Class of Worker
          Wage and Salary                    47.5    48.6    49.0    49.0
          Own-account                        37.8    37.8    37.6    37.4
          Unpaid Family Worker               14.8    13.6    13.4    13.7

      Occupation
          Professional                        6.1     5.9     6.0     6.0
          Administrative                      1.8     2.0     2.0     2.1
          Clerical                            4.5     4.4     4.5     4.5
          Sales                              14.2    14.4    14.7    14.7
          Service                             9.6    10.3    10.6    10.4
          Agricultural                       41.2    39.4    39.5    39.5
          Production                         22.4    23.5    22.5    22.8
          NEC                                 0.1     0.1     0.1     0.1

      Industry
          Agriculture                        41.7    39.8    39.9    39.9
          Mining and Quarrying                0.5     0.4     0.4     0.4
          Manufacturing                       9.8     9.8     9.5     9.5
          Electricity, Gas and Water          0.5     0.5     0.5     0.5
          Construction                        5.6     5.8     5.3     5.4
          Wholesale and Retail               14.8    15.3    15.3    15.5
          Transportation                      6.1     6.6     6.7     6.8
          Financing                           2.5     2.4     2.5     2.5
          Community                          18.4    19.4    19.9    19.7
          NEC                                 0.0     0.0     0.0     0.0

  UNEMPLOYMENT RATE                           7.7     8.4     9.6     9.0

  UNDEREMPLOYMENT RATE                       21.1    21.6    23.7    22.1

  VISIBLE UNDEREMPLOYMENT RATE               11.0    11.9    12.6    12.1

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Source: Labor Force Survey
        Income and Employment Statistics Division
        Household Statistics Department
        National Statistics Office
        Republic of the Philippines