quarter of this year, at 1.9%, was lower than the rate of 2.3% recorded in the previous quarter, although it was higher than the rate of 1.5% recorded in the second quarter of 1985 (4)
4.2
Employment in the manufacturing sector registered a decline during the twelve months ending March 1986 (paragraph 4.6). There are, however, indications. that manufacturing
employment increased during the second quarter as domestic
exports recovered. During the twelve months ending March 1986, the number of workers employed on building and construction sites also fell (paragraph 4.7). Employment in the services sectors, on the other hand, increased, reflecting the continued expansion of the external and distributive trade sectors as well as of the finance and other related services
sectors (paragraph 4.8).
4.3
During the twelve months ending March 1986, earnings
in the manufacturing sector and in the services sectors, in terms of payroll per person engaged, increased quite rapidly in money terms and in real terms (paragraphs 4.10 and 4.11).
Construction wage rates also showed some increase in real
terms (paragraph 4.13).
(4) The underemployment rate :
Underemployment
/The
Quarter ending
rate (8%)
1985 Mar
1.5
1
Jun
1.5
Sep
2.1
Dec
2.3
1986 Mar
2.3
Jun
1.9
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