Labor force population in January 2003 increased by 1.8 percent to 33.7 million from 33.1 million in January last year. Labor force participation rate slightly declined by 0.7 percentage point, from 66.4 percent in January 2002 to 65.7 percent in January this year.

Employed persons was estimated at 30.1 million in January 2003, up by 1.4 percent over the same period last year. The employment rate, however, slightly dropped by 0.3 percentage point, from 89.7 percent last year to 89.4 percent this year.

Unemployment rate increased to 10.6 percent in January this year from 10.3 percent in January last year.

Underemployment rate increased by 0.2 percentage point, from 15.9 percent in January last year to 16.1 percent this year.

The incidence of Crime went up to 8.97 percent for the year 2002. This is a 9.0 percent increase from its 8.23 percent rate in the year 2001.

Composite Index closes at 1,305.63 for the month of January. This is higher compared to last year`s 1,204.57.

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