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WEDNESDAY, APRIL 15, 1937
GOVERNOR GETS AERIAL VIEW OF DEVELOPMENTS
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THE GOVERNOR SIR DAVID WILSON. TOOK TO THE AIR THIS (WEDNESDAY) MORNING FOR A FIRST-HAND LOOK AT HONG KONG'S BUSTLING DEVELOPMENTS.
ACCOMPANIED BY HIS SPECIAL ADVISOR, SIR DAVID AKERS-JONES, THE GOVERNOR BOARDED A ROYAL HONG KONG AUXILIARY AIR FORCE DAUPHIN HELICOPTER AT HMS TAMAR AT 9.30 AM FOR 90-MINUTE TOUR.
HE WAS BRIEFED BY SIR DAVID AKERS-JONES ON LATEST DEVELOPMENTS WHICH TOOK PLACE IN THE PAST FEW YEARS ON BOTH SIDES OF THE HARBOUR AS WELL AS IN THE VARIOUS NEW TOWNS.
SIR DAVID LEARNED OF PLANS THAT WILL BE EMBARKED BY THE GOVERNMENT OVER THE YEARS AHEAD.
UNEMPLOYMENT AND UNDEREMPLOYMENT STATISTICS RELEASED
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IN THE PERIOD DECEMBER 1986-FEBRUARY 1987, THE UNEMPLOYMENT SITUATION SHOWED FURTHER IMPROVEMENT WHILE THE UNDEREMPLOYMENT SITUATION REMAINED STABLE, COMPARED WITH THE THREE-MONTH PERIOD ENDING NOVEMBER 1986, ACCORDING TO THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (WEDNESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
A GOVERNMENT SECRETARIAT SPOKESMAN POINTED OUT THAT BOTH THE UNEMPLOYMENT RATE AND THE UNDEREMPLOYMENT RATE WERE AT THE LOWEST LEVELS RECORDED SINCE THE NEW SERIES OF LABOUR FORCE STATISTICS WAS INTRODUCED IN THE FIRST QUARTER OF 1985. THIS INDICATES THAT CONDITIONS IN THE LABOUR MARKET HAVE TIGHTENED UP FURTHER IN RECENT MONTHS.
THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR DECEMBER 1986- FEBRUARY 1987 WAS 2.0 PER CENT, COMPARED WITH 2.4 PER CENT FOR THE PERIOD ENDING NOVEMBER 1986 AND 3.0 PER CENT FOR THE SAME PERIOD A YEAR EARLIER.
THE DECREASES OF 0.4 PERCENTAGE POINT BELOW THE PREVIOUS PERIOD AND OF 1.0 PERCENTAGE POINT BELOW THE SAME PERIOD A YEAR EARLIER ARE BOTH STATISTICALLY SIGNIFICANT.
THE NUMBER OF UNEMPLOYED PERSONS IN THE PERIOD DECEMBER 1986- FEBRUARY 1987 WAS ESTIMATED AT 52 600, LESS THAN THE FIGURE OF 65 100 FOR THE PERIOD ENDING NOVEMBER ́ ́ 1986 AND OF 79 900 FOR SAME PERIOD ENDING FEBRUARY 1986.
THE UNDEREMPLOYMENT RATE FOR DECEMBER 1986-FEBRUARY 1987 WAS 1.0 PER CENT, WHICH COMPARES WITH 1.2 PER CENT FOR THE THREE-MONTH PERIOD ENDING NOVEMBER 1986. THE RATE FOR DECEMBER 1985-FEBRUARY
1986 WAS 2.0 PER CENT.
/THE DECREASE