G.F. 323
63.
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Within manufacturing, the clothing industry remained the
31.
largest employer and together with the textile industry was responsible
for about half of total manufacturing employment.
Three other industries
of roughly equal size in terms of employment came next, those producing
plastic products (over 50% of which were toys), metal products and
machinery, and electrical appliances and electronic products.
they accounted for 30% of total manufacturing employment.
Together
64.
The recovery in manufacturing employment was led by the clothing
industry which started to registor increases in December 1974 when most
of the other industries were still laying off workers. Largo increases
in employment in the clothing industry were experienced during 1975;
these generated increases in employment in the textile industry as well,
but to a lesser extent.
Table 32
Employment in non-manufacturing
65.
Employment in some non--m-: nufacturing sectors tends to be less
volatile than in manufacturing. Employment in banks increased steadily
from 1974 to 1976 to an average annual rate of roughly 5% although
increases in the second and third quarters of 1976 were slightly higher.
Employment in the wholesale/retail and import/export sectors increased at
annual rates of 2% and 4% in the third and fourth quarters respectively
of 1975. The increase slowed down considerably in the first and second
quarters of 1976 with employment remaining roughly at the level attained
at the end of 1975. Employment in the third quarter again increased
fairly quickly; a total of 260,000 persons were engaged in those sectors,
representing an annual rate of increase of over the second quarter
%
of 1976. These variations in the rate of growth of employment in the
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