FINANCING,
INSURANCE.
REAL ESTATE
AND BUSINESS
SERVICES
13
FRIDAY, APRIL 11, 1986
3 075
+18.1
2 604
* BASED ON UNROUNDED PAYROLL FIGURES.
COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS IN THE ABOVE THREE SECTORS INCREASED BY 3.3 PER CENT, 13.0 PER CENT AND 18.1 PER CENT RESPECTIVELY IN THE FOURTH QUARTER OF 1985.
AFTER ADJUSTMENT FOR VARIATIONS IN TOTAL MONTHLY PAYROLL OUTLAYS IN DECEMBER 1984 AND DECEMBER 1985 ARISING FROM CHANGES IN THE LEVEL OF EMPLOYMENT, A NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IS OBTAINED.
TO ALLOW FOR THE EFFECTS OF PRICE CHANGES, THE NOMINAL INDEX IS DEFLATED BY THE CONSUMER PRICE INDEX (A) TO GIVE THE REAL INDEX OF PAYROLL PER PERSON ENGAGED. THESE TWO INDICES FOR DECEMBER 1984 AND DECEMBER 1985 ARE GIVEN IN THE TABLES BELOW:
SELECTED MAJOR
SECTORS OF
THE ECONOMY
MANUFACTURING
NOMINAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 - 100)
DEC. 84
190.3
% CHANGE
DEC. 85
DEC. 85
ON DEC. 84
212.2
+11.5
WHOLESALE AND
RETAIL,
IMPORT AND
EXPORT
TRADES, AND
RESTAURANTS
AND HOTELS
215.9
229.2
+ 6.2
FINANCING,
INSURANCE
REAL ESTATE
AND BUSINESS
SERVICES
253.8
279.2
+10.0
/REAL INDEX