11
MONDAY, AUGUST 14, 1989
IN
THE PROBLEMS
OF SHORTAGE OF GENERALLY AND
THE CONSTRUCTION SECTOR,
OF LABOUR SHORTAGE SKILLED LABOUR, HIGH WAGE RATES, PRICE COMPETITION FROM LOCAL FIRMS IN THE SECOND QUARTER OF 1989
ALTHOUGH THESE PROBLEMS REPORTED BY THE MAJORITY OF FIRMS SURVEYED.
OF SHORTAGE ARE EXPECTED TO REMAIN IN THE THIRD QUARTER, THE PROBLEM OF LABOUR GENERALLY IS EXPECTED TO EASE OFF.
SECTOR MANY FIRMS IN THE DISTRIBUTIVE AND CATERING TRADES
PROBLEMS OF SHORTAGE OTHER SERVICES SECTOR WERE AFFECTED BY THE STAFF GENERALLY AND HIGH STAFF TURNOVER IN THE SECOND QUARTER.
THE HOTELS ALSO
SUFFERED
AND
OF
OF
HIGH
IN ADDITION,
FROM A NUMBER PROBLEMS IN THE SECOND QUARTER, WHICH INCLUDE PRICE COMPETITION,
WELL AS INSUFFICIENT STAFF COSTS, SHORTAGE OF EXPERIENCED STAFF BUSINESS.
THESE PROBLEMS ARE EXPECTED TO PERSIST IN PARTICULARLY THE PROBLEM OF INSUFFICIENT BUSINESS TO INTENSIFY SIGNIFICANTLY.
THE THIRD QUARTER,
WHICH IS EXPECTED
THE SURVEY PROVIDE A CURRENT
ACCORDING TO THE CENSUS AND STATISTICS DEPARTMENT, RESULTS, OBTAINED WITH A MINIMUM TIME LAG, ARE INTENDED TO
A QUICK ASSESSMENT OF THE SOURCE OF REFERENCE FOR MAKING ECONOMIC SITUATION OF HONG KONG,
IN THE SURVEY,
WHETHER, IN THEIR OPINION, THE GENERAL BUSINESS OF CAPACITY UTILISATION
FIRMS PARTICIPATING
HAD
"DETERIORATED" IN PRECEDING QUARTER.
THE SECOND
"IMPROVED", QUARTER
OF
WERE ASKED TO INDICATE SITUATION AND LEVEL "REMAINED THE SAME" OR THE 1989 COMPARED WITH
THEY WERE ALSO ASKED
EXPECTED
TO INDICATE TO "IMPROVE", "REMAIN THE SAME" THIRD QUARTER OF 1989.
WHETHER THE SITUATION IS OR "DETERIORATE” IN THE
THE OPINIONS
OF
RESPONDENTS
MOREOVER, THE SURVEY REPORT PROBLEMS EXPERIENCED AND
EXPECTED
WERE TABULATED CONTAINS A SECTION ON THE BY FIRMS IN DIFFERENT
AND
ANALYSED.
SECTORS, AND A BREAKDOWN OF THE VIEWS OF FIRMS BY SIZE GROUPS.
BUSINESS ECONOMIC
TO RECOLLECTION OF
OF THIS NATURE, THE DEPARTMENT POINTED OUT THAT. IN A SURVEY THE RESULTS SHOULD BE INTERPRETED WITH CAUTION AS IT IS DIFFICULT ESTABLISH PRECISELY THE EXTENT TO WHICH RESPONDENTS' THE PAST AND PERCEPTION OF THE TRENDS.
ACCORDS FUTURE
WITH THE UNDERLYING
THE SURVEY REPORT MEMBERS OF THE PUBLIC MAY OBTAIN COPIES OF
GPO BUILDING, CONNAUGHT FROM THE GOVERNMENT PUBLICATIONS CENTRE,
CENSUS PLACE, CENTRAL, AND FROM THE PUBLICATIONS SALES COUNTER OF THE
12 HARBOUR AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI ROAD, WAN CHAI, AT $5 PER COPY.
FURTHER
DETAILS
TOWER
OF
THE QUARTERLY BUSINESS
I'
SURVEY MAY
STATISTICS
BE
OBTAINED FROM THE NATIONAL INCOME BRANCH OF THE CENSUS AND DEPARTMENT ON TEL. 5-8234779.
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