XN000022-1988-01-14 — Page 2

THURSDAY, JANUARY 14, 1988

UNEMPLOYMENT, UNDEREMPLOYMENT STATISTICS RELEASED

RATES

REMAINED NOVEMBER 1987 ACCORDING TO THE BY THE (THURSDAY)

BOTH THE UNEMPLOYMENT AND UNDEREMPLOYMENT STABLE AT A LOW LEVEL IN THE THREE MONTHS SEPTEMBER COMPARED WITH THE THREE MONTHS ENDING AUGUST 1987,

FORCE LATEST LABOUR

STATISTICS

TODAY CENSUS AND STATISTICS DEPARTMENT.

RELEASED

CONDITIONS HAVE

THESE FIGURES INDICATE THAT THE LABOUR MARKET REMAINED TIGHT, WITH THE LOCAL WORKFORCE FULLY EMPLOYED.

ADJUSTED UNEMPLOYMENT

RATE FOR SEPTEMBER

PER CENT FOR THE SAME PERIOD

THE SEASONALLY NOVEMBER 1987 WAS 1.9 PER CENT, COMPARED WITH 1.8 THREE MONTHS ENDING AUGUST 1987 AND 2.4 PER CENT FOR THE A YEAR EARLIER.

THE INCREASE

OF 0.1 PERCENTAGE POINT OVER THE PREVIOUS THREE-MONTH PERIOD

WHILE THE IS STATISTICALLY NOT SIGNIFICANT, DECREASE OF 0.5 PERCENTAGE POINT BELOW THE SAME PERIOD A YEAR IS STATISTICALLY SIGNIFICANT.

EARLIER

NOVEMBER 1987

THE THREE MONTHS MONTHS ENDING NOVEMBER

THE NUMBER OF UNEMPLOYED PERSONS IN SEPTEMBER WAS ESTIMATED AT 53,400, COMPARED WITH 50,500 FOR

THREE ENDING AUGUST 1987 ÁÅND 65,100 FOR THE 1986.

SEPTEMBER

PER

FOR

NOVEMBER 1987 WAS CENT FOR THE THREE MONTHS SEPTEMBER

NOVEMBER

WAS

-

1986

THE UNDEREMPLOYMENT RATE FOR 1.1 PER CENT, WHICH COMPARES WITH 1 ENDING AUGUST 1987. 1.2 PER CENT.

THE

RATE

PREVIOUS THREE- THE SAME

THE INCREASE OF 0.1 PERCENTAGE POINT OVER THE MONTH PERIOD AND THE DECREASE OF 0.1 PERCENTAGE POINT BELOW PERIOD A YEAR EARLIER ARE BOTH STATISTICALLY NOT SIGNIFICANT.

SEPTEMBER THE ESTIMATED NUMBER OF UNDEREMPLOYED PERSONS FOR

THE THREE MONTHS NOVEMBER 1987 WAS 29,800, COMPARED WITH 27,400 FOR

THREE MONTIIS ENDING NOVEMBER ENDING AUGUST 1987 AND 33,100 FOR THE 1986.

CONSISTENT

WITH

THE CURRENT

OF

RECOMMENDATIONS INTERNATIONAL LABOUR ORGANISATION (ILO), 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) WERK EITHER SEEKING OR

/COMMENTING ON