FINANCING,
INSURANCE, REAL ESTATE
AND BUSINESS
SERVICES
3,026
3,728
* BASED ON UNROUNDED PAYROLL FIGURES.
TUESDAY, JANUARY 12, 1988
+23.2
OUTLAYS IN
COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL THE ABOVE THREE SECTORS INCREASED BY 14.5 PER CENT, 13.4 PER CENT 23.2 PER CENT RESPECTIVELY IN THE THIRD QUARTER OF 1987.
ADJUSTMENT AFTER
FOR VARIATIONS
IN
AND
TOTAL MONTHLY PAYROLL OUTLAYS IN SEPTEMBER 1986 AND SEPTEMBER 1987, ARISING FROM CHANGES IN
PER PAYROLL OF INDEX NOMINAL THE LEVEL OF EMPLOYMENT,
ENGAGED IS OBTAINED.
A
PERSON
THE NOMINAL INDEX OF
TO ALLOW FOR THE EFFECTS OF PRICE CHANGES, IS DEFLATED BY THE CONSUMER PRICE INDEX (A) TO GIVE THE REAL INDEX PAYROLL PER PERSON ENGAGED.
THESE TWO INDICES FOR SEPTEMBER 1986
AND
SEPTEMBER 1987 ARE
GIVEN IN THE TABLES BELOW:
NOMINAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 = 100)
* CHANGE
SELECTED MAJOR
SECTORS OF THE
ECONOMY
SEPT.86
SEPT.87
SEPT.87
ON SEPT.86
MANUFACTURING
215.9
243.4
+12.7
WHOLESALE AND
RETAIL, IMPORT
AND EXPORT
TRADES AND
RESTAURANTS
AND HOTELS
212.0
226.8
+ 7.0
FINANCING,
INSURANCE,
REAL ESTATE
AND BUSINESS
SERVICES
207.5
232.2
+11.9
/REAL INDEX ...................