SUNDAY, FEBRUARY 8, 1981
IV. FINANCE, INSURANCE, REAL ESTATE AND
BUSINESS SERVICES SECTOR
EMPLOYMENT IN
!
PERCENTAGE INCREASE
INDUSTRY GROUP
AUG 79
JUN 80
SEP 80
SEP 80 ON
AUG 79
SEP 80 ON
JUN 80
MONETARY
INSTITUTIONS
INCLUDING BANKS
37 800
40 200
42 600
+12.9
+6.1
REAL ESTATE
COMPANIES
16 600
18 000
18 400
+10.8
+2.4
OTHER FINANCIAL
INSTITUTIONS
15 400
17 800X
18 900
+22.7
+6.4
ACCOUNTING AND
AUDITING FIRMS
4 800
5 300
5 400
+12.0
+2.7
ENGINEERING,
ARCHITECTURAL AND
TECHNICAL SERVICES 7 200 8 200
8 100
+12.9
-0.8
* REVISED FIGURE
LRS HELPS SETTLE PROBLEMS
****
MORE THAN $35 MILLION WAS PAID TO WORKERS LAST YEAR BY THE IR EMPLOYERS AFTER THE IR LABOUR MANAGEMENT PROBLEMS WERE SETTLED THROUGH THE LABOUR RELATIONS SERVICE OF THE LABOUR DEPARTMENT.
PAYMENTS WERE MADE TO 20 137 EMPLOYEES WHO BROUGHT THE IR LABOUR GRIEVANCES TO THE SERVICE FOR CONCILIATION.
A SPOKESMAN FOR THE DEPARTMENT SAID TODAY (SUNDAY) $12 969 087 (36.7 PER CENT) WAS FOR SEVERANCE PAYMENTS TO 5 062 WORKERS WHILE THE REMAINING $22 326 770 WAS PAID AS ARREARS OF WAGES, WAGES IN LIEU OF NOTICE, STATUTORY HOLIDAY PAY, BONUSES AND OTHER PAYMENTS.
MORE THAN 73 PER CENT OF THE 169 TRADE DISPUTES LAST YEAR WERE SETTLED WITH THE HELP OF THE SERVICE IN WHICH ITS OFFICERS CONDUCTED 258 EMPLOYER/EMPLOYEE MEETINGS AND MADE 91 VISITS TO PLACES OF EMPLOYMENT.
PAYMENTS MADE TO WORKERS INVOLVED IN TRADE DISPUTES TOTALLED $26.7 MILLION COMPARED TO $8.1 MILLION IN 1979.
THE SPOKESMAN ATTRIBUTED THE 225 PER CENT INCREASE IN PAYMENTS TO THE CLOSURE OF TWO MAJOR TEXTILE FACTORIES WHICH AFFECTED A LARGE NUMBER OF WORKERS.
/BESIDES HANDLING