SATURDAY, MAY 18, 1991
2
1991,
BUT
IN THE CONSTRUCTION COMPANIES SURVEYED, EMPLOYMENT IN MARCH 1991 SHOWED LITTLE CHANGE WHEN COMPARED WITH FEBRUARY DECREASED MODERATELY WHEN COMPARED WITH MARCH 1990.
PAY
WHEN AND COMPARED INCREASED
PER CAPITA EARNINGS IN MARCH 1991 DECREASED SUBSTANTIALLY COMPARED WITH FEBRUARY 1991, FOLLOWING THE ISSUE OF DOUBLE ANNUAL BONUSES IN FEBRUARY 1991 BY SOME COMPANIES SURVEYED. WITH MARCH 1990, PER CAPITA KARNINGS IN MARCH 1991 SIGNIFICANTLY.
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 MARCH 1991 AS REPORTED BY THE COMPANIES SURVEYED DECREASED SLIGHTLY
BUT WHEN COMPARED WITH FEBRUARY 1991,
INCREASED SLIGHTLY OVER MARCH 1990.
PER CAPITA EARNINGS IN MARCH 1991 FOR THE SELECTED SERVICE SECTORS TAKEN TOGETHER DECREASED SLIGHTLY WHEN COMPARED WITH FEBRUARY 1991, FOLLOWING THE ISSUE OF DOUBLE PAY AND ANNUAL BONUSES IN FEBRUARY 1991 BY SOME HOTELS SURVEYED.
ON THE OTHER HAND, PER CAPITA EARNINGS IN MARCH 1991 INCREASED SUBSTANTIALLY OVER MARCH 1990 FOR THE SELECTED SERVICE SECTORS TOGETHER.
THE
TAKEN
PERCENTAGE CHANGES IN ORDERS-ON-HAND, EMPLOYMENT AND PER
CAPITA EARNINGS ARE SHOWN IN 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.
A
BY
THE IT
THE DEPARTMENT CAUTIONED THAT AS THE SURVEY IS NOT BASED ON SCIENTIFICALLY SELECTED SAMPLE, THE MAGNITUDES OF CHANGE INDICATED THE SURVEY RESULTS ARE MERELY A REFLECTION OF THE EXPERIENCE OF COMPANIES SURVEYED. HOWEVER, GIVEN THE COMPOSITION OF THE PANEL, 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 MARCH 1991 IS NOW ON SALE AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, 19TH FLOOR, WANCHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAI, AT $4.50 PER COPY.
ENQUIRIES ABOUT THE SURVEY RESULTS MAY BE MADE TO THE INDUSTRIAL PRODUCTION STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL. 805 6441.
/TABLE 1