THURSDAY, AUGUST 17, 1989
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COMPARING JUNE 1989 WITH MAY 1989, PER CAPITA EARNINGS DECREASED IN ALMOST ALL MANUFACTURING INDUSTRIES SURVEYED, WITH THE LARGEST DECREASE RECORDED IN THE PLASTIC PRODUCTS INDUSTRY. THESE DECREASES WERE PARTLY ATTRIBUTABLE ΤΟ THE LOWER WAGES OF SUMMER WORKERS EMPLOYED IN JUNE 1989.
OVER THE SAME PERIOD, THE WEARING APPAREL INDUSTRY LITTLE CHANGE IN PER CAPITA EARNINGS.
REPORTED
COMPARED WITH JUNE 1988, PER CAPITA EARNINGS IN JUNE 1989 INCREASED SUBSTANTIALLY IN MOST MANUFACTURING INDUSTRIES SURVEYED, WITH THE LARGEST INCREASES RECORDED IN THE PLASTIC PRODUCTS AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.
IN THE CONSTRUCTION SECTOR, EMPLOYMENT IN JUNE 1989 DROPPED SLIGHTLY WHEN COMPARED WITH MAY 1989 AND JUNE 1988. PER CAPITA EARNINGS IN JUNE 1989 DECREASED SLIGHTLY WHEN COMPARED WITH MAY 1989, BUT INCREASED SUBSTANTIALLY OVER JUNE 1988.
IT SHOULD BE NOTED THAT FIGURES FOR THIS SECTOR COVER COMPANY EMPLOYEES ONLY; SITE WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.
IN THE SERVICE SECTORS SURVEYED, THE OVERALL LEVEL OF EMPLOYMENT IN JUNE 1989 INCREASED SLIGHTLY OVER MAY 1989 AND MODERATELY OVER JUNE 1988. IN JUNE 1989, PER CAPITA EARNINGS FOR THE SERVICE SECTORS TAKEN TOGETHER INCREASED SLIGHTLY WHEN COMPARED WITH MAY 1989, AS SOME OF THE BANKS SURVEYED ISSUED SPECIAL BONUSES.
COMPARING JUNE 1989 WITH JUNE 1988, PER CAPITA EARNINGS INCREASED SUBSTANTIALLY FOR THE SERVICE SECTORS TAKEN TOGETHER.
THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, CAPITA EARNINGS ARE SHOWN IN TABLES 1 TO 3.
THE SURVEY COVERED A PANEL OF THE 200 COMPANIES AND THE 50 LARGEST COMPANIES IN SELECTED SERVICE SECTORS, CHOSEN BY REFERENCE SIZES IN SEPTEMBER 1986.
EMPLOYMENT AND PER
LARGEST MANUFACTURING THE CONSTRUCTION AND TO THEIR EMPLOYMENT
THE DEPARTMENT CAUTIONED THAT AS THE SURVEY IS NOT BASED ON A SCIENTIFICALLY SELECTED SAMPLE, THE MAGNITUDES OF CHANGE INDICATED BY THE SURVEY RESULTS ARE MERELY A REFLECTION OF THE EXPERIENCE OF THE COMPANIES SURVEYED.
HOWEVER, GIVEN THE COMPOSITION OF THE PANEL, IT SHOULD BE ABLE TO PROVIDE A USEFUL INDICATION OF THE DIRECTION OF CHANGE FOR MAKING A QUICK ASSESSMENT OF DEVELOPMENTS IN THE ECONOMY IN THE SHORT TERM.
THE SURVEY REPORT FOR JUNE 1989 IS NOW ON SALE AT THE GOVERNMENT PUBLICATIONS CENTRE, GPO BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, 19TH FLOOR, WANCHAI TOWER I, 12 HARBOUR ROAD, WAN CHAI, AT $2 PER COPY.
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