XN000022-1988-07-12 — Page 11

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TUESDAY, JULY 12, 1988

COMPARED WITH DECEMBER 1987, THE NUMBER OF REPORTED VACANCIES IN THE ABOVE THRER SECTORS INCREASED BY 38.3 PER CENT, 39.1 PER CENT AND 29.4 PER CENT RESPECTIVELY IN MARCH 1988,

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

SELECTED MAJOR SECTORS OF THE ECONOMY

1ST QTR. 1987

1ST QTR. 1988

HK$ MN

HK$ MN

MANUFACTURING

9,471

10,522

X CHANGE

1ST QTR. 1988

ON

1ST QTR. 1987

+11.1

AND EXPORT

WHOLESALE AND

RETAIL, IMPORT

TRADES AND

RESTAURANTS

AND HOTELS

7.795

8,950

+14.8

FINANCING,

INSURANCE,

REAL ESTATE

AND BUSINESS

SERVICES

3,802

4.440

+16.

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* BASED ON UNROUNDED PAYROLL FIGURES.

COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS IN THE ABOVE THREE SECTORS INCREASED BY 11.1 PER CENT, 14.8 PER CENT AND 16.8 PER CENT RESPECTIVELY IN THE FIRST QUARTER OF 1988.

AFTER ADJUSTMENT FOR VARIATIONS IN TOTAL MONTHLY PAYROLL OUTLAYS IN MARCH 1987 AND MARCH 1988, ARISING FROM CHANGES IN THE LEVEL OF EMPLOYMENT, A NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED OBTAINED.

IS

/TO ALLOW