XN000022-1985-01-11 — Page 6

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FRIDAY, JANUARY 11, 1985

RELATIVE TO JUNE 1984, THE NUMBER OF REPORTED VACANCIES DECREASED BY 4.3 PER CENT FOR THE MANUFACTURING SECTOR. ON THE OTHER HAND, INCREASES OF 16.6 PER CENT AND 4.3 PER CENT WERE REGISTERED FOR THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES, AND RESTAURANTS AND HOTELS SECTOR, AND THE FINANCE,

INSURANCE, REAL ESTATE ANG DUCERE SERVICE THE FINANCE,

ALSO AVAILABLE FROM THE SURVEY ARE STATISTICS ON MONTHLY PAYROLL OUTLAYS IN THE MANUFACTURING SECTOR, THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES, AND RESTAURANTS AND HOTELS SECTOR, AND THE FINANCE, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR.

QUARTERLY TOTALS FOR EACH OF THESE SECTORS ARE SHOWN IN THE FOLLOWING TABLE:

TOTAL QUARTERLY PAYROLL IN

% CHANGE*

SELECTED MAJOR SECTORS OF THE

ECONOMY

3RD QTR. 1983

HK$ MN

3RD QTR. 1984

3RD QTR. 1984

ON 3RD QTR. 1983

HK$ MN

MANUFACTURING

WHOLESALE AND RETAIL,

5 819

7 038

+21.0

IMPORT AND EXPORT

TRADES, AND

RESTAURANTS AND

HOTELS

3 580

4 283

+19.6

FINANCE, INSURANCE,

REAL ESTATE AND

BUSINESS SERVICES

1 956

2 284

+16.8

* BASED ON UNROUNDED PAYROLL FIGURES

COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS IN THE ABOVE THREE SECTORS IN THE THIRD QUARTER OF 1984 INCREASED BY 21.0 PER CENT, 19.6 PER CENT AND 16.8 PER CENT RESPECTIVELY.

AFTER ADJUSTMENT 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