MONDAY, OCTOBER 18, 1982
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MONTHLY SURVEY OF EMPLOYMENT, PAYROLL AND ORDERS-ON-HAND
FOR AUGUST 1982
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THE CENSUS AND STATISTICS DEPARTMENT TODAY (MONDAY) RELEASED STATISTICS FROM THE MONTHLY SURVEY FOR AUGUST 1982, WHICH WAS CONDUCTED ON A PANEL OF THE 200 LARGEST MANUFACTURING COMPANIES (CHOSEN BY REFERENCE TO THEIR EMPLOYMENT SIZE IN SEPTEMBER 1979) AS WELL AS OF THE 43 LARGEST COMPANIES IN THE CONSTRUCTION AND SELECTED SERVICES SECTORS.
AS THE SAMPLE WAS NOT DRAWN ON A RANDOM BASIS, THE RESULTS ON MAGNITUDE OF CHANGE MIGHT NOT REFLECT THE EXPERIENCE OF THE ECONOMY AS A WHOLE, BUT SHOULD GIVE A USEFUL INDICATION OF THE DIRECTION OF CHANGE FOR A QUICK ASSESSMENT OF DEVELOPMENTS IN THE ECONOMY IN THE SHORT TERM.
FOR ALL MANUFACTURERS SURVEYED TAKEN TOGETHER, EMPLOYMENT DECLINED IN AUGUST 1982 AS COMPARED WITH THE PRECEDING MONTH. EMPLOYMENT DROPPED NOTABLY IN THE PLASTICS, TEXTILES, AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.
THE DECREASE IN EMPLOYMENT IN THE TEXTILES INDUSTRY WAS CAUSED BY THE SUSPENSION OF OPERATION IN SEVERAL BRANCH FACTORIES.
IN THE CASE OF THE PLASTICS, AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES, THE DECREASE WAS DUE TO THE RESIGNATION OF STUDENT WORKERS TOWARDS THE END OF THE SUMMER VACATION.
PER CAPITA EARNINGS ROSE IN THE FOOD AND DRINKS INDUSTRY ON ACCOUNT OF SALARY REVISION AND THE PAYMENT OF COMMISSIONS IN TWO OF THE FACTOR IES SURVEYED, WHEREAS THE INCREASE IN PER CAPITA EARNINGS IN THE FABRICATED METAL PRODUCTS INDUSTRY WAS DUE TO THE AWARD OF SEVERANCE PAY TO WORKERS LAID OFF IN A FACTORY SURVEYED.
PER CAPITA EARNINGS ALSO INCREASED IN BANKS FOLLOWING THE AWARD OF BACK PAY TO THE STAFF OF A BANK SURVEYED. ON THE OTHER HAND, PER CAPITA EARNINGS DECREASED IN PUBLIC UTILITIES SINCE BONUSES WERE PAID BY SEVERAL COMPANIES IN THE PRECEDING MONTH.
THE OVERALL ORDERS-ON-HAND (IN TERMS OF MONTHS) REPORTED BY THE MANUFACTURERS SURVEYED REMAINED RELATIVELY STABLE IN AUGUST 1982 AS COMPARED WITH THE PRECEDING MONTH, HOWEVER, DROPS IN ORDERS WERE RECORDED FOR THE FABRICATED METAL PRODUCTS, TEXTILES, PLASTICS, AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.
THE PERCENTAGE CHANGES IN EMPLOYMENT, PER CAPITA EARNINGS AND ORDERS-ON-HAND FOR THE LAST THREE MONTHS ARE SHOWN IN THE FOLLOWING
TABLE.
THE SURVEY
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