FRIDAY, APRIL 8, 1983
6
BY ADJUSTING FOR VARIATIONS IN TOTAL PAYROLL OUTLAYS ARISING FROM CHANGES IN THE LEVEL OF EMPLOYMENT, A NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IS OBTAINED. TO ALLOW FOR THE EFFECTS OF PRICE CHANGES, THE NOMINAL INDEX IS DEFLATED BY THE CONSUMER PRICE INDEX (A) TO GIVE THE REAL INDEX OF PAYROLL PER PERSON ENGAGED. VALUES OF THESE TWO INDICES ARE GIVEN IN THE TABLES BELOW -
NOMINAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 - 100)
PERCENTAGE CHANGE
SELECTED MAJOR
DEC. 82
SECTORS OF
THE ECONOMY
MANUFACTURING
DEC. 81
DEC. 82
ON DEC. 81
138.4
150.7
+8.9
WHOLESALE AND
RETAIL, IMPORT
AND EXPORT. AND
RESTAURANTS AND
HOTELS
155.6
168.7
+8.4
FINANCE
INSURANCE
REAL ESTATE
AND BUSINESS
SERVICES
172.9
194.9
+12.7
SELECTED MAJOR
REAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 = 100)
PERCENTAGE CHANGE
SECTORS OF
THE ECONOMY
MANUFACTURING
DEC. 81
DEC. 82
DEC. 82
ON DEC. 81
114.0
113.1
-0.8
WHOLESALE AND
RETAIL, IMPORT
AND EXPORT. AND
RESTAURANTS AND
HOTELS
128.2
126.7
-1.2
FOLENCE
RANCE
LAL ESTATE
ND BUSINESS
SERVICES
142.4
146.3
+2.7
/COMPARED WITH
E
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