XN000022-1985-10-11 — Page 15

FRIDAY, OCTOBER 11, 1985

13

COMPARED WITH MARCH 1985, THE NUMBER OF REPORTED VACANCIES DECREASED BY 34.1 PER CENT, 28.4 PER CENT AND 20.3 PER CENT FOR THE MANUFACTURING SECTOR, THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES, AND RESTAURANTS AND HOTELS SECTOR, AND THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR RESPECTIVELY.

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 FINANCING, 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

2ND QTR. 1984

2ND QTR. 1985

2ND QTR. 1985

ON

2ND QTR. 1984

HK$ MN

HK$ MN

MANUFACTURING

6 752

6 924

+ 2.5

WHOLESALE AND

4 186

5 099

+21.8

RETAIL,

IMPORT AND

EXPORT

TRADES, AND RESTAURANTS AND HOTELS

FINANCING,

INSURANCE,

REAL ESTATE

AND BUSINESS

2 240

2 480

+10.7

SERVICES

* BASED ON UNROUNDED PAYROLL FIGURES

COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS IN THE ABOVE THREE SECTORS INCREASED BY 2.5 PER CENT, 21.8 PER CENT AND 10.7 PER CENT RESPECTIVELY IN THE SECOND QUARTER OF 1985.

AFTER ADJUSTMENT FOR VARIATIONS IN TOTAL MONTHLY PAYROLL OUTLAYS IN JUNE 1984 AND JUNE 1985 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. THESE TWO INDICES FOR JUNE 1984 AND JUNE 1985 ARE GIVEN IN THE TABLES BELOW:

/NORMINAL INDEX