12
FRIDAY, OCTOBER 10, 1986
AFTER ADJUSTMENT FOR VARIATIONS IN TOTAL MONTHLY PAYROLL OUTLAYS IN JUNE 1985 AND JUNE 1986. 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 JUNE 1985 AND JUNE 1986 ARE GIVEN IN THE TABLES BELOW:
NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED
(JUNE 1980 = 100)
% CHANGE
JUN 86
JUN 86 ON JUN 85
208.5
+12.7
SELECTED MAJOR SECTORS OF THE ECONOMY
JUN 85
MANUFACTUR ING
185.0
WHOLESALE AND
RETAIL, IMPORT
AND EXPORT
TRADES AND
RESTAURANTS
AND HOTELS
FINANCING,
INSURANCE
REAL ESTATE
AND BUSINESS
SERVICES
186.9
192.7
20°.5
+8.7
210.8
+12.8
REAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 - 100)
SELECTED MAJOR SECTORS OF THE
ECONOMY
JUN 85
MANUFACTURING
117.2
CHANGE
JUN 86
JUN 86
ON JUN 85
128.2
+9.4
WHOLESALE AND
RETAIL, IMPORT
AND EXPORT TRADES
AND RESTAURANTS
AND HOTELS
122.1
128.8
+5.5
FINANCING,
INSURANCE,
REAL ESTATE
AND BUSINESS
118.4
129.6
+
SERVICES
/BETWEEN JUNE