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THURSDAY, JUNE 14, 1990
FEB-APR UNEMPLOYMENT AND UNDEREMPLOYMENT STATISTICS RELEASED
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RATE
BY THE
THE UNEMPLOYMENT RATE INCREASED WHILE THE UNDEREMPLOYMENT REMAINED STABLE DURING THE PERIOD FEBRUARY APRIL 1990, ACCORDING TO THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (THURSDAY) CENSUS AND STATISTICS DEPARTMENT.
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APRIL
THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR FEBRUARY 1990 WAS 1.8 PER CENT, COMPARED WITH 1.3 PER CENT FOR THE THREE MONTHS ENDING JANUARY 1990 AND 1.5 PER CENT FOR THE CORRESPONDING PERIOD A YEAR EARLIER.
THE INCREASES OF 0.5 OF A PERCENTAGE POINT OVER THE PRECEDING THREE-MONTH PERIOD AND 0. 3 OF A PERCENTAGE POINT OVER THE CORRESPONDING PERIOD A YEAR RARLIER ARE BOTH STATISTICALLY SIGNIFICANT.
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THE NUMBER OF UNEMPLOYED PERSONS IN FEBRUARY APRIL 1990 WAS ESTIMATED AT 48,700, COMPARED WITH 36,800 IN THE THREE MONTHS ENDING JANUARY 1990 AND 40,500 IN THE CORRESPONDING PERIOD IN 1989.
ALTHOUGH THERE WERE SIGNS THAT THE LABOUR MARKET MIGHT HAVE EASED OFF MARGINALLY, THERE WAS STILL NO CONCLUSIVE EVIDENCE THAT A TREND HAS EMERGED.
THE PROVISIONAL ESTIMATE OF THE UNEMPLOYMENT RATE FOR MARCH MAY 1990, WHICH PROVIDES AN EARLY INDICATION OF THE UNEMPLOYMENT SITUATION, WAS 1.6 PER CENT. THIS COMPARES WITH CENT FOR BOTH THE THREE MONTHS ENDING FEBRUARY 1990 CORRESPONDING PERIOD IN 1989.
LATEST 1.5 PER AND THE
THE INCREASES OF 0.1 OF A PERCENTAGE POINT OVER THE RESPECTIVE PERIODS ARE LIKELY TO BE STATISTICALLY NOT SIGNIFICANT.
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THE UNDEREMPLOYMENT RATE FOR FEBRUARY APRIL 1990 WAS 0. 7 PER CENT, COMPARED WITH 0.9 PER CENT FOR THE THREE MONTHS ENDING JANUARY 1990 AND 0.8 PER CENT FOR THE CORRESPONDING PERIOD A YEAR EARLIER.
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THE DECREASES OF 0.2 OF A PERCENTAGE POINT BELOW THE PRECEDING THREE-MONTH PERIOD AND 0 1 OF A PERCENTAGE POINT BELOW THE CORRESPONDING PERIOD A YEAR EARLIER ARE BOTH STATISTICALLY NOT SIGNIFICANT.
THE ESTIMATED NUMBER OF UNDEREMPLOYED PERSONS IN FEBRUARY APRIL 1990 WAS 20,300, COMPARED WITH 24,800 IN THE THREE MONTHS ENDING JANUARY 1990 AND 22,200 IN THE THREE MONTHS ENDING APRIL 1989.
CONSISTENT WITH THE CURRENT RECOMMENDATIONS OF THE INTERNATIONAL LABOUR ORGANISATION (ILO), PERSONS WHO WORKED LESS THAN 35 HOURS A WEEK DUE TO ECONOMIC REASONS (SUCH AS SLACK WORK, MATERIAL SHORTAGE, MECHANICAL BREAKDOWN AND INABILITY TO FIND FULL-TIME WORK) WERE REGARDED AS UNDEREMPLOYED ONLY IF THEY WERE EITHER SEEKING OR AVAILABLE FOR MORE WORK.
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