XN000022-1988-03-18 — Page 19

18

FRIDAY, MARCH 18, 1988

THIS HAS AFFECTED

THE TIMING

OF

THE

ISSUE

OF DOUBLE

PAY

AND ANNUAL BONUSES BY EMPLOYERS TO THEIR WORKERS.

WITH

DECEMBER

1987,

SUBSTANTIAL

WERE RECORDED IN MOST ISSUE OF DOUBLE PAY AND

JANUARY COMPARING

1988 INCREASES IN PAYROLL AND PER CAPITA EARNINGS INDUSTRIES SURVEYED MAINLY BECAUSE OF THE ANNUAL BONUSES IN SOME MANUFACTURING FIRMS.

FABRICATED

THE INCREASES WERE LARGEST IN THE FOOD AND DRINKS, METAL PRODUCTS AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.

COMPARED WITH JANUARY

HOWEVER, BOTH PAYROLL AND PER 1987,

IN MOST IN JANUARY

DECREASED 1988

SUBSTANTIALLY CAPITA EARNINGS

RECORDED IN THE THE LARGEST DECREASES WITH INDUSTRIES SURVEYED, TEXTILES AND PLASTIC PRODUCTS INDUSTRIES.

JANUARY 1988 WAS AND PER CAPITA

IN EMPLOYMENT IN THE CONSTRUCTION SECTOR,

WHILE PAYROLL 1987, ABOUT THE SAME AS IN DECEMBER EARNINGS INCREASED SIGNIFICANTLY OVER THE SAME PERIOD.

COMPARED WITH JANUARY

SLIGHTLY

1987, EMPLOYMENT IN THE CONSTRUCTION

AND PAYROLL WIIILE

PER CAPITA EARNINGS

SECTOR INCREASED

DECREASED SIGNIFICANTLY.

SURVEYED,

LEVEL

OF

OVERALL THE THE SAME AS IN DECEMBER EARNINGS SHOWED SOME INCREASES.

IN THE SERVICES SECTORS EMPLOYMENT IN JANUARY 1988 REMAINED ABOUT 1987, WHILE PAYROLL AND PER CAPITA

IN PARTICULAR,

REPORTED

HOTELS, PAYROLL AND PER CAPITA EARNINGS DUE TO THE ANNUAL BONUSES.

SUBSTANTIAL INCREASES IN ISSUE OF DOUBLE PAY AND

ON THE OTHER HAND, SUBSTANTIAL DECREASES CAPITA EARNINGS WERE RECORDED IN BANKS FOLLOWING THE PRECEDING MONTH.

IN PAYROLL AND PER SHARP INCREASES IN

WITH COMPARED

JANUARY 1987,

THE IN EMPLOYMENT

SERVICES 1988. PAYROLL ALSO SECTORS AS A WHOLE SHOWED AN INCREASE IN JANUARY INCREASED BUT PER CAPITA EARNINGS DECREASED SLIGHTLY.

OVER

THE SAME PERIOD,

CAPITA EARNINGS WERE RECORDED IN BANKS WERE RECORDED IN PUBLIC UTILITIES,

DECREASES

IN BOTH

AND PAYROLL AND HOTELS, WHILE INCREASES

PER

EMPLOYMENT AND PER

THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, CAPITA EARNINGS ARE SHOWN IN TABLES 1 AND 2 BELOW.

THE SURVEY COVERED A PANEL OF

COMPANIES AND THE 50

THE 200 LARGEST MANUFACTURING

IN

CONSTRUCTION THE LARGEST COMPANIES

REFERENCE ΤΟ SELECTED SERVICES SECTORS, CHOSEN BY SIZES IN SEPTEMBER 1986.

AND

THEIR EMPLOYMENT

/AS THE