XN000022-1988-10-15 — Page 8

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SATURDAY, OCTOBER 15, 1988

REAL INDEX OF

PAYROLL PER PERSON ENGAGED

(JUNE 1980 = 100)

* CHANGE

SELECTED MAJOR

SECTORS OF THE

ECONOMY

JUN. 87

JUN. 88

JUN. 88

ON JUN. 87

MANUFACTURING

WHOLESALE AND

AND EXPORT

RETAIL, IMPORT

TRADES AND

RESTAURANTS

AND HOTELS

FINANCING,

INSURANCE,

REAL ESTATE

AND BUSINESS

SERVICES

137.6

143.8

+ 4.5

134.4

137.9

+ 2.6

138.3

134.7

-

2.6

CENT

BETWEEN JUNE 1987 AND JUNE 1988, AN INCREASE OF 11. 4 PER WAS REGISTERED IN THE NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IN THE MANUFACTURING SECTOR.

AND

FOR THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES RESTAURANTS AND HOTELS SECTOR, THE INCREASE WAS 9.3 PER CENT AND FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, THE INCREASE WAS 3.7 PER CENT.

OVER THE SAME PERIOD, THE REAL INDEX OF PAYROLL PER PERSON ENGAGED REGISTERED AN INCREASE OF 4.5 PER CENT FOR THE MANUFACTURING SECTOR AND 2.6 PER CENT FOR THE WHOLESALE, RETAIL, IMPORT AND EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR, BUT A DECREASE OF 2.6 PER CENT FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR.

DESPITE THE FACT THAT THERE WAS A GENERAL INCREASE IN WAGES AND SALARIES IN THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, THE REAL INDEX OF PAYROLL PER PERSON ENGAGED FOR THIS SECTOR REGISTERED A DECLINE BETWEEN JUNE 1987 AND JUNE 1988.

/THE DECLINE