XN000022-1987-06-17 — Page 25

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WEDNESDAY, JUNE 17, 1987

UNEMPLOYMENT, UNDEREMPLOYMENT STATISTICS RELEASED

THE UNEMPLOYMENT SITUATION REMAINED STABLE AT A LOW LEVEL WHILE THE UNDEREMPLOYMENT SITUATION CONTINUED TO IMPROVE DURING FEBRUARY TO

WITH THE APRIL THIS YEAR WHEN COMPARED

THREE MONTH

MONTH PERIOD ENDING JANUARY 1987, ACCORDING TO THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

APRIL THREE MONTH APRIL 1986 WAS

THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR FEBRUARY 1987 WAS 2 PER CENT, WHICH WAS THE SAME AS THAT FOR THE PERIOD ENDING JANUARY 1987. THE RATE FOR FEBRUARY 3.2 PER CENT.

THE DECREASE OF 1.2 PERCENTAGE POINTS BELOW THE SAME YEAR EARLIER IS STATISTICALLY SIGNIFICANT.

-

PERIOD A

1987 APRIL

WAS 54,600 FOR THE THREE FOR THE .THREE NONTH

THE NUMBER OF UNEMPLOYED PERSONS IN FEBRUARY ESTIMATED AT 54,100, LESS THAN THE FIGURES OF MONTH PERIOD ENDING JANUARY 1987 AND OF 85, PERIOD ENDING APRIL 1986,

400

—

—

PER APRIL 1987 WAS 0.9 THE THREE MONTH PERIOD

WAS APRIL 1986

2.2 PER

THE UNDEREMPLOYMENT RATE FOR FEBRUARY

FOR CENT, WHICH COMPARES WITH 1.2 PER CENT ENDING JANUARY 1987. THE RATE FOR FEBRUARY CENT.

THREE

THE DECREASES OF 0.3 PERCENTAGE POINT BELOW THE PREVIOUS

BELOW THE SAME PERIOD A MONTH PERIOD AND OF 1.3 PERCENTAGE POINTS YEAR EARLIER ARE BOTH STATISTICALLY SIGNIFICANT.

FOR FEBRUARY

FOR THE THREE FOR THE THREE MONTH

THE ESTIMATED NUMBER OF UNDEREMPLOYED PERSONS APRIL 1987 WAS 24,800, LESS THAN THE FIGURES OF 31,700 MONTII PERIOD ENDING JANUARY 1987 AND OF 57,700 PERIOD ENDING APRIL 1986.

RECOMMENDATIONS

L

OF

CONSISTENT WITH THE CURRENT INTERNATIONAL LABOUR ORGANISATION (LO), PERSONS WHO WORKED LESS 35 HOURS A WEEK DUE TO ECONOMIC REASONS (SUCH AS SLACK WORK, SHORTAGE, MECHANICAL BREAKDOWN AND INABILITY TO. FIND WERE REGARDED AS UNDEREMPLOYED ONLY IF THEY AVAILABLE FOR MORE WORK.

·

THE THAN

MATERIAL FULL-TIME WORK) WERE EITHER SEEKING OR

FOR

CENSUS AND JOB-SEEKERS TO MONTH, TAKE ACCOUNT BE

COMMENTING ON THESE FIGURES, THE COMMISSIONER STATISTICS SAID THAT BECAUSE THE. PROPORTION OF FIRST-TIME (E.G. PEOPLE WHO HAVE JUST LEFT SCHOOL). VARIES FROM . MONTII UNEMPLOYMENT RATES THAT HAD BEEN SEASONALLY ADJUSTED TO OF THE VARIATIONS IN THE NUMBER OF FIRST-TIME USED IN MAKING COMPARISONS OVER TIME.

JOB-SEEKERS SHOULD

/THE COMMISLIONER