TABLE B.  RESULTS OF THE JANUARY 2002 LABOR FORCE SURVEY
          IN THE PHILIPPINES

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                          Selected Variables                  Jan-01     Oct-01     Jan-02
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LABOR FORCE PARTICIPATION RATE                                  65.5     67.5         66.4

EMPLOYMENT RATE                                                 88.7     90.2         89.7

     Hours Worked
        Working:
           Less than 40 hours                                   30.2     38.7         38.1
           40 hours and over                                    68.6     62.4         60.2
            Did not work                                         1.2      1.6          1.7

Class of Worker
         Wage and Salary                                        51.3     49.0         48.5
          Own-account                                           37.2     37.4         37.9
          Unpaid Family Worker                                  11.5     13.6         13.6

Occupation
   Officials of Government & Special Interest Organizations,
      Corporate Executives, Managers, Managing Proprietors
      and Supervisors                                            9.9     10.3         10.3
   Professionals                                                 4.6      4.6          4.7
   Technicians and Associate Professionals                       2.6      2.5          2.6
   Clerks                                                        4.7      4.4          4.4
   Service Workers and Shop and Market Sales Workers             9.0      9.0          9.1
   Farmers, Forestry Workers and Fishermen                      22.3     21.1         21.1
   Trades and Related Workers                                   11.0     10.1         10.0
   Plant and Machine Operators and Assemblers                    8.1      7.6          7.4
   Laborers and Unskilled Workers                               27.3     29.9         29.9
   Special Occupations (Including Non-Gainful Activities         0.4      0.4          0.4

Industry Sector
 Agriculture                                                    36.5     37.4         37.1
    Agriculture, Hunting and Forestry                           32.7     33.6         33.2
    Fishing                                                      3.8      3.8          3.8
Industry                                                        16.7     15.6         15.5
    Mining and Quarrying                                         0.4      0.3          0.4
    Manufacturing                                               10.3      9.6          9.5
    Electricity, Gas and Water                                   0.4      0.4          0.4
    Construction                                                 5.6      5.2          5.2
Services                                                        46.8     47.0         47.5
    Wholesale and Retail Trade, Repair of Motor Vehicles,
            Motorcycles and Personal and Household Goods        17.7     18.4         18.6
    Hotels and Restaurants                                       2.4      2.3          2.3
    Transport, Storage and  Communication                        7.4      7.2          7.3
    Financial Intermediation                                     1.0      1.0          1.0
    Real Estate, Renting and Business Activities                 1.7      1.8          1.8
    Public Administration & Defense, Compulsory
           Social Security                                       4.9      4.6          4.8
    Education                                                    3.2      3.2          3.1
    Health and Social Work                                       1.1      1.1          1.2
   Other Community, Social & Personal Service Activities         3.3      3.0          3.0
   Private Households with Employed Persons                      4.1      4.4          4.4
   Extra-Territorial Organizations & Bodies                      0.0      0.0          0.0

UNEMPLOYMENT RATE                                               11.3      9.8         10.3
UNDEREMPLOYMENT RATE                                            16.9     16.6         15.9
VISIBLE UNDEREMPLOYMENT RATE                                     9.9     10.9         10.8

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