FRIDAY, APRIL 19, 1991
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THUS IT IS MORE MEANINGFUL TO COMPARE THE AVERAGE PER CAPITA EARNINGS FOR DECEMBER 1990 FEBRUARY 1991 WITH THE CORRESPONDING FIGURES FOR DECEMBER 1989 FEBRUARY 1990.
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FOR THE PERIOD DECEMBER 1990 THE AVERAGE PER CAPITA EARNINGS SURVEYED INCREASED BY 19%, IN MONEY 1989 - FEBRUARY 1990.
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FEBRUARY 1991 TAKEN TOGETHER, IN THE MANUFACTURING COMPANIES TERMS, OVER THE PERIOD DECEMBER
ALL MANUFACTURING INDUSTRIES SURVEYED REPORTED SIGNIFICANT INCREASES IN PER CAPITA EARNINGS, WITH THE LARGEST INCREASES RECORDED IN THE ELECTRICAL AND ELECTRONIC PRODUCTS, PLASTIC PRODUCTS AND TEXTILES INDUSTRIES.
IN THE CONSTRUCTION COMPANIES SURVEYED, EMPLOYMENT IN FEBRUARY 1991 DECREASED SLIGHTLY WHEN COMPARED WITH JANUARY 1991 AND MODERATELY WHEN COMPARED WITH FEBRUARY 1990. THE AVERAGE PER CAPITA EARNINGS FOR DECEMBER 1990 FEBRUARY 1991 TAKEN TOGETHER INCREASED SUBSTANTIALLY OVER DECEMBER 1989 FEBRUARY 1990.
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IT SHOULD BE NOTED THAT FIGURES FOR THIS INDUSTRY COVER COMPANY EMPLOYEES ONLY; SITE WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.
IN THE SELECTED SERVICE SECTORS, THE OVERALL LEVEL OF EMPLOYMENT IN FEBRUARY 1991 AS REPORTED BY THE COMPANIES SURVEYED WAS ABOUT THE SAME AS THAT IN JANUARY 1991, BUT INCREASED SLIGHTLY OVER FEBRUARY 1990.
FEBRUARY
THE AVERAGE PER CAPITA EARNINGS FOR DECEMBER 1990 1991 TAKEN TOGETHER INCREASED SIGNIFICANTLY OVER DECEMBER 1989 FEBRUARY 1990 IN ALL THE SERVICE SECTORS SURVEYED.
THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, EMPLOYMENT AND PER CAPITA EARNINGS ARE SHOWN IN THE TABLES 1 TO 3.
THE SURVEY COVERED A PANEL OF THE 200 LARGEST MANUFACTURING COMPANIES AND THE 50 LARGEST COMPANIES IN THE CONSTRUCTION INDUSTRY AND SELECTED SERVICE SECTORS, CHOSEN BY REFERENCE TO THEIR EMPLOYMENT SIZES IN SEPTEMBER 1986.
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
THE SURVEY REPORT FOR FEBRUARY 1991 IS NOW ON SALE AT GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, 19TH FLOOR, WANGHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAI, AT $4.50 PER COPY.
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