RESULTS OF THE JANUARY 2001 LABOR FORCE SURVEY
             IN THE PHILIPPINES
               (In Thousands)

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             Selected Variables     Jan-00  Jan-99  Oct-00  Jan-01
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LABOR FORCE POPULATION              30,632  29,888  30,908  31,684
  EMPLOYED PERSONS                  27,733  27,147  27,775  28,087
     Hours Worked
        Working:
           Less than 40 hours        9,519   9,262   9,411   8,485
           40 hours and over        17,826  17,472  18,067  19,252
            Did not work               387     412     297     350
     Class of Worker
         Wage and Salary            13,805  13,537  13,827  14,407
          Own-account               10,257  10,010  10,483  10,450
          Unpaid Family Worker       3,670   3,602   3,465   3,229
      Industry
         Agriculture                10,622  10,916  10,401  10,252
        Mining and Quarrying           106      96     106     118
        Manufacturing                2,714   2,756   2,792   2,884
        Electricity Gas and Water      118     133     116     116
        Construction                 1,462   1,532   1,430   1,559
        Wholesale and Retail Trade   4,450   4,308   4,587   4,956
        Transportation and Storage   1,959   1,899   2,024   2,078
        Financing                      730     733     678     773
       Community and Personal        5,569   5,463   5,636   5,344
       N.E.C.                            2       4       4       7
  UNEMPLOYED PERSONS
      15 - 19 years old                564     532     577     628
      20 - 24 years old                756     702     902     984
      25 - 34 years old                725     698     754     850
      35 - 44 years old                369     346     378     445
      45 - 54 years old                241     223     264     357
      55 - 64 years old                158     141     161     230
      65 years old and over             86      99      97     104
  UNDEREMPLOYED PERSONS
      Worked less than 40 hours      3,169   3,208   2,970   2,344
      Worked 40 hours and over       2,649   2,737   2,558   2,399
  NOT IN THE LABOR FORCE            16,553  15,693  17,167  16,721

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