RESULTS OF THE OCTOBER 1999 LABOR FORCE SURVEY IN THE PHILIPPINES (Rates)

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        Selected Variables           Oct-97    Oct-98    Jul-99    Oct-99
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LABOR FORCE PARTICIPATION RATE         65.5      66.0      65.6      65.8

  EMPLOYMENT RATE                      92.1      90.4      91.6      90.6

      Hours Worked
          Working:
               Less than 40 hours      34.1      35.7      35.8      33.7
               40 hours and over       64.9      62.9      63.2      65.1
               Did not work             1.0       1.4       1.1       1.2

      Class of Worker
          Wage and Salary              48.6      49.0      48.3      49.6
          Own-account                  38.2      37.6      37.7      37.3
          Unpaid Family Worker         13.2      13.4      14.1      13.1

      Occupation
          Professional                  5.9       6.0       6.0       6.1
          Administrative                1.9       2.0       2.1       2.3
          Clerical                      4.3       4.5       4.5       4.5
          Sales                        14.3      14.7      14.5      15.1
          Service                      10.1      10.6      10.3      10.8
          Agricultural                 40.0      39.5      40.1      38.8
          Production                   23.3      22.5      22.5      22.4
          NEC                           0.2       0.1       0.1       0.1

      Industry
          Agriculture                  40.4      39.9      40.5      39.1
          Mining and Quarrying          0.4       0.4       0.3       0.3
          Manufacturing                 9.9       9.5       9.4       9.6
          Electricity, Gas and Water    0.5       0.5       0.5       0.5
          Construction                  5.9       5.3       5.4       5.2
          Wholesale and Retail         15.1      15.3      15.3      15.9
          Transportation                6.3       6.7       6.6       6.9
          Financing                     2.4       2.5       2.5       2.5
          Community                    19.0      19.9      19.4      20.0
          NEC                           0.0       0.0       0.0       0.0

  UNEMPLOYMENT RATE                     7.9       9.6       8.4       9.4

  UNDEREMPLOYMENT RATE                 20.8      23.7      22.3      22.1

  VISIBLE UNDEREMPLOYMENT RATE         10.5      12.6      12.0      11.4

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