TUESDAY, OCTOBER 18, 1994

12

LATER

THE MESS, AT A TEA RECEPTION AT THE GAZETTED OFFICER'S ROYAL COUPLE MET AND CHATTED TO MORE THAN 200 GUESTS, INCLUDING POLICE CHIEFS OF STAFF, MESS MEMBERS, LONG-SERVICE MEDAL RECIPIENTS AS AS THEIR FAMILIES AND FRIENDS.

PRINCESS WHEN

THE FROM

WELL

POLICE

ALEXANDRA DEPARTED BY CAR HEADQUARTERS, THE ROYAL STANDARD WAS LOWERED WHILE A ROYAL SALUTE WAS GIVEN BY THE QUARTER GUARD.

0

EARNINGS STATISTICS FOR JUNE 1994

AVERAGE LABOUR EARNINGS IN ALL MAJOR SECTORS OF THE ECONOMY, AS MEASURED BY PAYROLL PER PERSON ENGAGED, RECORDED A NOTABLE INCREASE OF 11.5% IN JUNE 1994 COMPARED WITH JUNE 1993, ACCORDING TO STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

AFTER DISCOUNTING FOR CHANGES IN CONSUMER PRICES, THE INCREASE WAS 3.7% IN REAL TERMS.

ANALYSED BY SECTORS, AVERAGE EARNINGS IN THE MANUFACTURING SECTOR INCREASED BY 9.7% IN NOMINAL TERMS OR 2.1% IN REAL TERMS. FOR THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS SECTOR. AVERAGE EARNINGS INCREASED BY 10.0% IN NOMINAL TERMS OR 2.4% IN REAL TERMS.

AVERAGE EARNINGS IN THE FINANCING, INSURANCE, REAL ESTATE BUSINESS SERVICES SECTOR RECORDED A MODERATE INCREASE OF 5.3% NOMINAL TERMS BUT A DECLINE OF 2.0% IN REAL TERMS.

AND

IN

THE RELATIVELY SMALL INCREASE WAS MAINLY CONCENTRATED IN THE REAL ESTATE AND SECURITIES BUSINESSES AS THEIR EARNINGS RECORDED MORE MODERATE GROWTH FOLLOWING THE CONSOLIDATION IN THE PROPERTY AND STOCK MARKETS IN RECENT QUARTERS.

EARNINGS IN THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR ALSO INCREASED MODERATELY BY 5.8% IN NOMINAL TERMS, EQUIVALENT TO A DECREASE OF 1.5% IN REAL TERMS. THIS WAS MAINLY DUE TO A HIGH BASE OF COMPARISON IN JUNE 1993 WHEN IRREGULAR BONUSES WERE PAID IN THIS SECTOR.

TERMS. FOR A

FOR THE COMMUNITY, SOCIAL AND PERSONAL SERVICES SECTOR, AVERAGE EARNINGS INCREASED BY 20.0% IN NOMINAL TERMS OR 11.6% IN REAL THE LARGE RISE WAS DUE TO BOTH INCREASE IN AVERAGE EARNINGS NUMBER OF INDUSTRY GROUPS IN THIS SECTOR AND INCREASE IN THE PROPORTION OF EMPLOYEES IN SOME INDUSTRY GROUPS WITH RELATIVELY LABOUR EARNINGS.

HIGH

STATISTICS ON AVERAGE EARNINGS, THAT IS PAYROLL PER PERSON ENGAGED, ARE COMPILED AT QUARTERLY INTERVALS BASED ON THE RESULTS OF THE LABOUR EARNINGS SURVEY CONDUCTED BY THE CENSUS AND STATISTICS DEPARTMENT. WAGE INDICES ARE ALSO COMPILED FROM THE SAME SURVEY AT HALF-YEARLY INTERVALS FOR MARCH AND SEPTEMBER OF THE YEAR.

EARNINGS INCLUDE WAGES AS WELL AS ALL OTHER IRREGULAR RECEIPTS SUCH AS BONUSES AND OVERTIME ALLOWANCES.

/A SPOKESMAN

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