8
SATURDAY, JANUARY 14, 1989
UNEMPLOYMENT, UNDEREMPLOYMENT STATISTICS FOR SEPT-NOV RELEASED
* * * * *
THE UNEMPLOYMENT
DECREASED RATE
THE
SEPTEMBER NOVEMBER 1988, WHILE
+
FURTHER DURING THE PERIOD
RATE UNDEREMPLOYMENT
REMAINED STATISTICS RELEASED TODAY LOW, ACCORDING TO THE LATEST LABOUR FORCE (SATURDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
SEPTEMBER
THESE FIGURES SHOW THAT THE LABOUR MARKET REMAINED VERY TIGHT.
ADJUSTED UNEMPLOYMENT RATE FOR THE SEASONALLY NOVEMBER 1988 WAS 1.3 PER CENT, COMPARED WITH 1.8 PER THREE MONTHS ENDING AUGUST 1988 AND 1.9 PER CENT FOR THE A YEAR EARLIER. THE DECREASES OF 0.5 OF A PERCENTAGE POINT PREVIOUS THREE MONTHS PERIOD AND 0.6 OF A PERCENTAGE POINT SAME PERIOD A YEAR EARLIER ARE BOTH STATISTICALLY SIGNIFICANT.
-
CENT FOR THE SAME PERIOD BELOW THE BELOW THE
NOVEMBER 1988 FOR THE THREE MONTHS THREE MONTHS ENDING NOVEMBER
THE NUMBER OF UNEMPLOYED PERSONS IN SEPTEMBER WAS ESTIMATED AT 36,900, COMPARED WITH 49,100 ENDING AUGUST 1988 AND 53,400 FOR THE 1987.
NOVEMBER 1988 WAS 0.6 THAT FOR THE THREE MONTHS ENDING
THE UNDEREMPLOYMENT RATE FOR SEPTEMBER PER CENT, WHICH WAS THE SAME AS AUGUST 1988. THE RATE FOR SEPTEMBER-NOVEMBER THE DECREASE OF 0.5 OF A PERCENTAGE POINT YEAR EARLIER IS STATISTICALLY SIGNIFICANT.
1987 WAS 1.1 PER CENT. BELOW THE SAME PERIOD A
SEPTEMBER THE ESTIMATED NUMBER OF UNDEREMPLOYED PERSONS FOR
THREE MONTHS NOVEMBER 1988 WAS 18,100, COMPARED WITH 16,500 FOR THE
THREE MONTHS ENDING NOVEMBER ENDING AUGUST 1988 AND 29,800 FOR THE 1987.
CONSISTENT WITH
OF
THE THAN MATERIAL FULL-TIME WORK) WERE EITHER SEEKING OR
CURRENT RECOMMENDATIONS THE INTERNATIONAL LABOUR ORGANISATION (ILO), PERSONS WHO WORKED LESS 35 HOURS A WEEK DUE TO ECONOMIC REASONS (SUCH AS SLACK WORK, SHORTAGE, MECHANICAL BREAKDOWN AND INABILITY TO FIND WERE REGARED AS UNDEREMPLOYED ONLY IF THEY AVAILABLE FOR MORE WORK.
FOR
CENSUS AND JOB-SEEKERS
TO TAKE
COMMENTING ON THESE FIGURES, THE COMMISSIONER STATISTICS SAID THAT BECAUSE THE PROPORTION OF FIRST-TIME (FOR EXAMPLE PEOPLE WHO HAVE JUST LEFT SCHOOL) VARIES FROM MONTH MONTH, UNEMPLOYMENT RATES THAT HAD BEEN SEASONALLY ADJUSTED TO ACCOUNT OF THE VARIATIONS IN THE NUMBER OF FIRST-TIME SHOULD BE USED IN MAKING COMPARISONS OVER TIME.
RATES
JOB-SEEKERS
OF PROVISIONAL
THE COMMISSIONER ADDED THAT, BASED ON A SYSTEM
THE COVERING UNDEREMPLOYMENT COUNTS, THE UNEMPLOYMENT AND
WITHIN TWO WEEKS LATEST THREE MONTHS PERIOD COULD BE MADE AVAILABLE
EARLY INDICATION OF THE LATEST AFTER THE SURVEY, THESE PROVIDE AN TREND IN THE UNEMPLOYMENT AND UNDEREMPLOYMENT SITUATION.
/THE PROVISIONAL