MONDAY, FEBRUARY 15, 1988
THE INCREASES WERE LARGEST IN THE FOOD AND DRINKS, TEXTILES AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.
COMPARED WITH DECEMBER 1986, PAYROLL AND PER CAPITA EARNINGS ALSO ROSE SUBSTANTIALLY IN MOST INDUSTRIES SURVEYED, EXCEPT THE WEARING APPAREL AND PLASTIC PRODUCTS INDUSTRIES IN WHICH A SLIGHT DROP IN PAYROLL, WAS RECORDED.
THE MORE SIGNIFICANT INCREASES IN PAYROLL AND PER CAPITA EARNINGS WERE RECORDED IN THE FABRICATED METAL PRODUCTS AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES, WHILE PER CAPITA EARNINGS IN THE PLASTIC PRODUCTS INDUSTRY ALSO INCREASED SHARPLY.
IN THE CONSTRUCTION SECTOR, EMPLOYMENT IN DECEMBER 1987 WAS ABOUT THE SAME AS IN NOVEMBER
1987, WHILE PAYROLL AND PER CAPITA
EARNINGS INCREASED SIGNIFICANTLY OVER THE SAME PERIOD.
COMPARED WITH DECEMBER 1986, EMPLOYMENT INCREASED SLIGHTLY WHILE PAYROLL AND PER CAPITA EARNINGS SHOWED MUCH LARGER INCREASES.
IN ALL THE SERVICES SECTORS SURVEYED, THE LEVEL OF EMPLOYMENT IN DECEMBER 1987 REMAINED ABOUT THE SAME AS IN NOVEMBER 1987. HOWEVER,
SHARP PAYROLL AND PER CAPITA EARNINGS SHOWED VERY
INCREASES DUE TO THE ISSUE OF DOUBLE PAY AND YEAR-END BONUSES, PARTICULARLY IN THE BANKING SECTOR.
·
COMPARED WITH DECEMBER 1986 THE OVERALL LEVEL OF EMPLOYMENT IN THE SERVICES SECTORS SHOWED A SLIGHT INCREASE. PAYROLL AND PER CAPITA EARNINGS ALSO INCREASED SIGNIFICANTLY, WITH THE LARGEST INCREASES RECORDED IN HOTELS.
THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, EMPLOYMENT AND PER CAPITA EARNINGS ARE SHOWN IN TABLES 1 AND 2 BELOW.
AND
THE SURVEY COVERED A PANEL OF THE 200 LARGEST MANUFACTURING
THE COMPANIES AND
50 LARGEST COMPANIES IN THE CONSTRUCT LON SELECTED SERVICES SECTORS, CHOSEN BY REFERENCE TO THEIR EMPLOYMENT SIZES IN SEPTEMBER 1986.
AS THE SAMPLE WAS NOT DRAWN ON A RANDOM BASIS, THE DEPARTMENT CAUTIONED THAT THE MAGNITUDE OF CHANGE INDICATED BY THE SURVEY MIGHT NOT REFLECT THE EXPERIENCE OF THE ECONOMY AS A WHOLE.
NEVERTHELESS, THESE RESULTS ARE EXPECTED TO PROVIDE A USEFUL INDICATION OF THE DIRECTION OF CHANGE FOR A QUICK ASSESSMENT OF DEVELOPMENTS IN THE ECONOMY IN THE SHORT TERM.
THE SURVEY REPORT FOR DECEMBER 1987 ES NOW ON SALE ΑΓ THE
AND BUILDING
AT GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, FLOOR, WANCHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAT, AT $1.50 PER COPY.
ABOUT ENQUIRIES
197!
THE
THE SURVEY RESULTS MAY BE MADE TO INDUSTRIAL PRODUCTION STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON 5-8234820.
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