FRIDAY, JANUARY 17, 1992
18
SEPTEMBER 1991 EMPLOYMENT, VACANCIES
AND PAYROLL STATISTICS RELEASED
THERE WAS CONTINUED STRONG GROWTH IN EMPLOYMENT IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS, AND IN FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTORS IN SEPTEMBER LAST YEAR, ALTHOUGH EMPLOYMENT IN THE MANUFACTURING SECTOR DECLINED MARKEDLY.
THE FALL
THE THE
IN MANUFACTURING EMPLOYMENT MAINLY REFLECTED CONTINUING STRUCTURAL CHANGES IN THE ECONOMY, IN CONNECTION WITH RELOCATION OF INDUSTRIAL PROCESSES TO CHINA, AS WELL AS OCCUPATIONAL UPGRADING OF THE LOCAL MANUFACTURING WORKFORCE IN RECENT
YEARS.
.
THE
OVERALL, EMPLOYMENT IN ALL THE MAJOR SECTORS SURVEYED TAKEN TOGETHER SHOWED A MARGINAL INCREASE IN SEPTEMBER 1991 COMPARED WITH SEPTEMBER IN 1990; THERE WAS THUS NO SHORTAGE OF EMPLOYMENT OPPORTUNITIES IN OVERALL TERMS.
THESE ARE FIGURES RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE NUMBER OF VACANCIES IN SEPTEMBER 1991 WAS LARGER THAN IN JUNE,
THOUGH STILL SMALLER THAN IN SEPTEMBER 1990 WHEN THE LABOUR MARKET CONDITIONS WERE VERY TIGHT.
SECTORS,
A LOT OF VACANCIES CONTINUED TO BE AVAILABLE IN THE SERVICE
AND EVEN IN THE MANUFACTURING SECTOR.
IN SEPTEMBER 1991, EARNINGS IN ALL MAJOR SECTORS CONTINUED SHOW SIGNIFICANT INCREASES IN MONEY TERMS.
TO.
HOWEVER, BECAUSE INFLATION WAS STILL HIGH IN SEPTEMBER 1991, REAL EARNINGS REMAIN RELATIVELY STATIC.
THERE WERE 654,700 PERSONS ENGAGED IN THE MANUFACTURING SECTOR IN SEPTEMBER 1991, REPRESENTING A DECREASE OF 10.3% FROM SEPTEMBER 1990.
EMPLOYMENT IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS SECTOR, AT 880,300 IN SEPTEMBER 1991, WAS 8.1 % HIGHER THAN IN SEPTEMBER 1990.
EMPLOYMENT IN THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, AT 289,100, WAS UP BY 5.8 %.
EMPLOYMENT ON CONSTRUCTION SITES, AT 63,900, WAS 9. 7 THAN IN SEPTEMBER 1990.
LOWER
THE EMPLOYMENT FIGURES FOR SEPTEMBER 1991 IN THE SELECTED MAJOR ECONOMIC SECTORS, WITH COMPARISONS WITH THE CORRESPONDING FIGURES FOR SEPTEMBER 1990 AND JUNE 1991, ARE AS FOLLOWS
/PERSONS ENGAGED