THURSDAY, APRIL 12, 1990
16
TO ALLOW FOR THE EFFECTS OF PRICE CHANGES, THE NOMINAL INDEX IS DEFLATED BY THE CONSUMER PRICE INDEX (A) TO GIVE THE REAL INDEX OF PAYROLL PER PERSON ENGAGED. THESE TWO INDICES FOR DECEMBER 1988 AND DECEMBER 1989 ARE GIVEN IN THE TABLES BELOW:
NOMINAL INDEX OF
PAYROLL, PER PERSON ENGAGED
(JUNE 1980 = 100)
% CHANGE
SELECTED MAJOR SECTORS OF THE
ECONOMY
DEC. 88
DEC. 89
DEC. 89
ON DEC. 88
MANUFACTURING
307.4
355.0
+15.5
WHOLESALE AND
318.4
371.2
+16.6
RETAIL, IMPORT
AND EXPORT TRADES
AND RESTAURANTS
AND HOTELS
FINANCING,
358.1
405.1
+13.1
INSURANCE,
REAL ESTATE
AND BUSINESS
SERVICES
REAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 = 100)
% CHANGE
SELECTED MAJOR SECTORS OF THE ECONOMY
DEC. 88
DEC. 89
DEC.
ON DEC. 88
89
MANUFACTURING
161.4
170.0
+5.3
WHOLESALE AND
167.1
177.5
+6.2
RETAIL, IMPORT
AND EXPORT TRADES
AND RESTAURANTS
AND HOTELS
FINANCING,
INSURANCE,
REAL ESTATE
AND BUSINESS
SERVICES
188.0
193.7
+3.0
OF PAYROLL PER PERSON
BETWEEN DECEMBER 1988 AND DECEMBER 1989, AN INCREASE OF 15.5 PER CENT WAS REGISTERED IN THE NOMINAL INDEX ENGAGED IN THE MANUFACTURING SECTOR.
/FOR THE