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

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                         Selected Variables                         Jul-01  Apr-02  Jul-02
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LABOR FORCE PARTICIPATION RATE                                       66.3    69.9    67.1

EMPLOYMENT RATE                                                      89.9    86.1    88.8

     Hours Worked
        Working:
           Less than 40 hours                                        37.2    38.0    37.0
           40 hours and over                                         61.3    58.9    60.9
            Did not work                                              1.5     3.1     2.1

Class of Worker
         Wage and Salary                                             49.0    48.7    49.4
          Own-account                                                38.0    37.7    37.6
          Unpaid Family Worker                                       13.0    13.6    13.0

Occupation
   Officials of Government & Special Interest Organizations,
      Corporate Executives, Managers, Managing Proprietors
      and Supervisors                                                10.1    10.5    10.8
   Professionals                                                      4.5     4.5     4.6
   Technicians and Associate Professionals                            2.6     2.8     2.8
   Clerks                                                             4.4     4.4     4.6
   Service Workers and Shop and Market Sales Workers                  8.5     8.9     8.7
   Farmers, Forestry Workers and Fishermen                           21.8    20.4    20.7
   Trades and Related Workers                                        10.4    10.3     9.8
   Plant and Machine Operators and Assemblers                         7.8     7.1     7.5
   Laborers and Unskilled Workers                                    29.2    30.6    30.1
   Special Occupations (Including Non-Gainful Activities              0.5     0.4     0.4

Industry Sector
 Agriculture                                                         37.5    36.5    37.0
    Agriculture, Hunting and Forestry                                33.6    32.4    33.3
    Fishing                                                           3.9     4.1     3.7
Industry                                                             16.1    16.0    15.6
    Mining and Quarrying                                              0.3     0.5     0.3
    Manufacturing                                                    10.0     9.6     9.6
    Electricity, Gas and Water                                        0.4     0.4     0.4
    Construction                                                      5.3     5.5     5.3
Services                                                             46.4    47.5    47.4
    Wholesale and Retail Trade, Repair of Motor Vehicles,
            Motorcycles and Personal and Household Goods             18.0    19.1    18.4
    Hotels and Restaurants                                            2.2     2.3     2.3
    Transport, Storage and  Communication                             7.2     7.0     7.3
    Financial Intermediation                                          1.0     1.0     1.1
    Real Estate, Renting and Business Activities                      1.8     1.8     1.7
    Public Administration & Defense, Compulsory
           Social Security                                            4.6     4.8     4.8
    Education                                                         3.2     3.0     3.2
    Health and Social Work                                            1.1     1.2     1.1
   Other Community, Social & Personal Service Activities              3.0     2.9     3.0
   Private Households with Employed Persons                           4.2     4.4     4.4
   Extra-Territorial Organizations & Bodies                           0.0     0.0     0.0

UNEMPLOYMENT RATE                                                    10.1    13.9    11.2

UNDEREMPLOYMENT RATE                                                 17.7    19.6    17.1

VISIBLE UNDEREMPLOYMENT RATE                                         11.3    12.5    10.9

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