RESULTS OF THE JANUARY 2000 LABOR FORCE SURVEY IN THE PHILIPPINES
(in percent)

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                  Selected Variables       Jan-98  Jan-99  Oct-99  Jan-00
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LABOR FORCE PARTICIPATION RATE              65.0    65.3    65.8    65.1
  EMPLOYMENT RATE                           91.6    91.0    90.6    90.7
      Hours Worked
          Working:
               Less than 40 hours           35.0    34.9    33.7    35.1
               40 hours and over            63.5    63.6    65.1    63.6
               Did not work                  1.5     1.5     1.2     1.4
      Class of Worker
          Wage and Salary                   48.6    49.0    49.6    49.0
          Own-account                       37.8    37.4    37.3    37.4
          Unpaid Family Worker              13.6    13.7    13.1    13.6
      Occupation
          Professional                       5.9     6.0     6.1     6.1
          Administrative                     2.0     2.1     2.3     2.1
          Clerical                           4.4     4.5     4.5     4.7
          Sales                             14.4    14.7    15.1    15.0
          Service                           10.3    10.4    10.8    10.3
          Agricultural                      39.4    39.5    38.8    39.2
          Production                        23.5    22.8    22.4    22.5
          NEC                                0.1     0.1     0.1     0.1
      Industry
          Agriculture                       39.8    39.9    39.1    39.5
          Industry                          16.5    15.7    15.6    15.3
                Mining and Quarrying         0.4     0.4     0.3     0.4
                Manufacturing                9.8     9.5     9.6     9.3
                Electricity, Gas and Water   0.5     0.5     0.5     0.4
                Construction                 5.8     5.4     5.2     5.1
          Services                          43.7    44.5    45.3    45.2
                Wholesale and Retail        15.3    15.5    15.9    15.9
                Transportation               6.6     6.8     6.9     6.9
                Financing                    2.4     2.5     2.5     2.5
                Community                   19.4    19.7    20.0    19.9
          NEC                                0.0     0.0     0.0     0.0
  UNEMPLOYMENT RATE                          8.4     9.0     9.4     9.3
  UNDEREMPLOYMENT RATE                      21.6    22.1    22.1    21.2
  VISIBLE UNDEREMPLOYMENT RATE              11.9    12.1    11.4    11.7

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