FRIDAY, JANUARY 9, 1981
HE SAID ALTHOUGH THERE WAS AN ACTUAL INCREASE IN THE LEVEL OF UNEMPLOYMENT (AN ABSOLUTE INCREASE IN THE ESTIMATED NUMBER OF UNEMPLOYED PERSONS OF 16 900) OVER THE PAST SIX MONTHS THERE WAS ALSO AN INCREASE IN JOB OPPORTUNITIES TAKEN UP BECAUSE THE SIZE OF THE LABOUR FORCE ROSE BY 94 700.
FOR THE PURPOSE OF THE SURVEY, PERSONS AGED BETWEEN 15 WHO WERE NOT IN EMPLOYMENT, OR WHO HAD WORKED FOR LESS THAN 15 HOURS IN THE SEVEN DAYS BEFORE THE SURVEY DATE, BUT WERE LOOKING FOR WORK, WERE CLASSIFIED AS UNEMPLOYED.
THE COMMISSIONER ALSO DREW ATTENTION TO THE VARIOUS DEFINITIONS OF UNEMPLOYMENT USED BY DIFFERENT COUNTRIES.
IN HONG KONG, UNEMPLOYED' INCLUDED PEOPLE WHO HAD JUST LEFT SCHOOL AND WHO REALLY HAD NOT MUCH CHANCE TO FIND A JOB- OR WHO HAD JUST, BUT ONLY JUST, TAKEN UP WORK OR WHO HAD TEMPORARILY BEEN LAID OFF WORK (WORKING LESS THAN 15 HOURS IN THE LAST SEVEN DAYS) OR WHO WERE AVAILABLE FOR WORK, BUT WERE NOT ACTUALLY LOOKING FOR WORK BECAUSE THEY THOUGHT THERE WAS NONE TO BE HAD OR BECAUSE THEY WERE TEMPORARILY SICK.
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A PRELIMINARY REPORT ON THE SURVEY IS NOW AVAILABLE AND COPIES CAN BE OBTAINED FROM THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, HONG KONG.
64
TUEN MUN HOME OWNERSHIP SITE FOR CASH TENDER
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THE NEW TERRITORIES ADMINISTRATION IS INVITING APPLICATIONS FOR A LARGE SITE IN TUEN MUN FOR HOME OWNERSHIP SCHEME DEVELOPMENT.
DETAILS ARE PUBLISHED IN THE GOVERNMENT GAZETTE TODAY.
THE 5.303 HECTARE SITE, SITUATED NEAR BUTTERFLY BEACH AND LUNG MUN ROAD, WAS PUT UP FOR TENDER TO HOLDERS OF LAND EXCHANGE ENTITLEMENTS IN OCTOBER LAST YEAR, BUT NO OFFERS WERE RECEIVED WHEN IT CLOSED ON JANUARY 2.
A SPOKESMAN FOR THE NEW TERRITORIES ADMINISTRATION SAID THE SITE WAS NOW OFFERED FOR DISPOSAL BY CASH TENDER.
THE CLOSING DATE FOR RECEIPT OF BIDS IS APRIL 10.
HE SAID A PROBABLE REASON FOR THE FIRST TENDER FAILING TO ATTRACT ANY OFFERS WAS THE VERY RAPID INCREASE IN LETTER 'B' PRICES DURING THE PAST FEW MONTHS.
THE SITE CARRIES A BUILDING COVENANT OF $216 MILLION.
THE SUCCESSFUL TENDERER WILL BE REQUIRED TO BUILD 2 100 TO 2 300 RESIDENTIAL UNITS RANGING BETWEEN 50 SQUARE METRES AND 80 SQUARE METRES IN COVERED AREA,
THE TOTAL GROSS RESIDENTIAL FLOOR AREA WILL NOT EXCEED 155 900 SQUARE METRES.
/THE UNITS
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