TUESDAY, APRIL 18, 1989
OF
AS WAS USUAL FOR THE FIRST TWO MONTHS OF EACH YEAR, COMPARISON
PER CAPITA THE
EARNINGS FIGURES
1989 IN FEBRUARY
WITH THE AFFECTED BY CORRESPONDING JANUARY 1989 AND FEBRUARY 1988 FIGURES WAS THE TIMING OF THE LUNAR NEW YEAR HOLIDAYS.
NUMBER
OF
ΤΟ GEAR IN WITH THIS TIMING, QUITE A LARGE
HAD THEIR MANUFACTURERS SURVEYED
DOUBLE-PAY AND YEAR-END BONUSES ISSUED IN FEBRUARY LAST YEAR, BUT IN JANUARY THIS YEAR.
THUS IT WAS MORE MEANINGFUL TO COMPARE THE AVERAGE EARNINGS IN JANUARY AND FEBRUARY 1989 COMBINED WITH THE FIGURES IN THE SAME PERIOD IN 1988.
PER CAPITA CORRESPONDING
THE AVERAGE PER INCREASED BY
FOR JANUARY AND FEBRUARY 1989 TAKEN TOGETHER, CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED 21 PER CENT IN MONEY TERMS WHEN COMPARED WITH THE SAME PERIOD IN 1988.
SIGNIFICANT INCREASES WERE RECORDED IN ALL MANUFACTURING
THE PLASTIC PRODUCTS AND INDUSTRIES SURVEYED, PARTICULARLY IN FABRICATED METAL PRODUCTS INDUSTRIES.
THE
EMPLOYMENT
FEBRUARY IN WITH JANUARY 1989, BUT
1989
INCREASED
IN THE CONSTRUCTION SECTOR, DECREASED SLIGHTLY WHEN COMPARED SLIGHTLY OVER FEBRUARY 1988.
TAKEN THE AVERAGE PER CAPITA EARNINGS FOR JANUARY AND FEBRUARY
OVER 1988. TOGETHER INCREASED SUBSTANTIALLY IN 1989
IT SHOULD BE NOTED THAT FIGURES FOR THIS SECTOR COVER COMPANY EMPLOYEES ONLY; WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.
IN THE SERVICE SECTORS SURVEYED, THE EMPLOYMENT IN FEBRUARY 1989 SHOWED LITTLE CHANGE JANUARY 1989, BUT INCREASED MODERATELY 1988.
SITE
OF OVERALL LEVEL
COMPARED WITH WITH FEBRUARY
WHEN WHEN COMPARED
FEBRUARY 1989 ALL
THE AVERAGE PER CAPITA EARNINGS FOR JANUARY AND TAKEN TOGETHER INCREASED MARKEDLY OVER THE SAME PERIOD IN 1988 IN SERVICE SECTORS SURVEYED, PARTICULARLY IN BANKS AND HOTELS.
EMPLOYMENT AND PER
THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, CAPITA EARNINGS ARE SHOWN IN THE ATTACHED TABLES 1 TO 3.
AND
THE SURVEY COVERED A PANEL OF THE 200 LARGEST MANUFACTURING COMPANIES AND THE 50 LARGEST COMPANIES IN THE CONSTRUCTION SELECTED SERVICE SECTORS, CHOSEN BY REFERENCE то THEIR EMPLOYMENT SIZES IN SEPTEMBER 1986.
CHANGE
COMPANIES
AS THE SURVEY IS NOT BASED ON A SCIENTIFICALLY SELECTED SAMPLE, THE DEPARTMENT CAUTIONED THAT THE MAGNITUDES OF
INDICATED BY OF THE THE SURVEY RESULTS CAN ONLY REFLECT THE EXPERIENCE SURVEYED; NEVERTHELESS THESE COULD PROVIDE A USEFUL INDICATION OF THE
ASSESSMENT OF DEVELOPMENTS IN DIRECTION OF CHANGE FOR A QUICK
THE
ECONOMY IN THE SHORT TERM.
/THE SURVEY .............