TABLE B.  RESULTS OF THE JULY 2001 LABOR FORCE SURVEY IN THE PHILIPPINES

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             Selected Variables                    Jul-99    Jul-00    Apr-01    Jul-01
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LABOR FORCE PARTICIPATION RATE                       65.5      63.8      69.0      66.3
  EMPLOYMENT RATE                                    91.5      88.8      86.7      89.9
     Hours Worked
        Working:
           Less than 40 hours                        35.0      30.0      38.7      37.2
           40 hours and over                         64.0      69.0      58.6      61.3
            Did not work                              1.0       1.0       2.7       1.5
     Class of Worker
         Wage and Salary                             49.1      52.1      48.9      49.0
          Own-account                                37.2      36.6      37.2      38.0
          Unpaid Family Worker                       13.7      11.3      13.9      13.0
      Industry Sector
         Agriculture                                 39.2      36.4      37.4      37.5
         Industry                                    16.2      16.4      16.4      16.1
            Mining and Quarrying                      0.3       0.4       0.3       0.3
            Manufacturing                             9.9      10.0      10.0      10.0
            Electricity Gas and Water                 0.5       0.4       0.4       0.4
            Construction                              5.5       5.5       5.7       5.3
       Services                                      44.6      47.2      46.2      46.4
            Wholesale and Retail Trade               15.5      16.3      18.0      18.0
            Transportation and Storage                6.8       7.4       7.2       7.2
            Financing                                 2.6       2.6       2.7       2.8
           Community, Social and Personal Services   19.6      20.9      18.2      18.4
       N.E.C.                                         0.0       0.0        -         -

  UNEMPLOYMENT RATE                                   8.5      11.2      13.3      10.1
  UNDEREMPLOYMENT RATE                               22.0      21.2      17.5      17.7
  VISIBLE UNDEREMPLOYMENT RATE                       11.7      10.0      11.8      11.3

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Note: Estimates for all quarters used the 1995 Census-based Population Projection.

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