XN000022-1988-12-15 — Page 4

THURSDAY, DECEMBER 15, 1988

"TODAY, BAPTIST COLLEGE GRADUATES CAN BE FOUND WORKING IN THROUGHOUT THE MEDIA: IN FILM AND TELEVISION; IN PUBLIC RELATIONS; ADVERTISING; IN RADIO BROADCASTING; AND IN JOURNALISM," HE SAID.

ΤΟ REFERRED

HIM AS A

PAYING TRIBUTE TO MR AU, THE GOVERNOR LONG-TIME FRIEND AND BENEFACTOR OF THE COLLEGE.

SIR DAVID NOTED THAT MR AU HAD MADE A NUMBER OF SUBSTANTIAL DONATIONS TOWARDS THE PHYSICAL DEVELOPMENT OF THE COLLEGE INCLUDING THE CONSTRUCTION OF A TERRACE GARDEN, LIBRARY AND THE ADMINISTRATIVE OFFICE.

SINCK

то IMPROVEMENTS

1979 THE

"THE NAMING OF THIS BUILDING AFTER MR AU 13 A FITTING

RECOGNITION OF HIS GENEROSITY, ' THE GOVERNOR ADDED.

UNEMPLOYMENT, UNDEREMPLOYMENT STATISTICS FOR AUGUST OCTOBER

*

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BOTH THE UNEMPLOYMENT RATE AND THE UNDEREMPLOYMENT RATE REMAINED LOW DURING THE PERIOD AUGUST OCTOBER 1988, ACCORDING TO THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

THESE FIGURES SHOW THAT THE LABOUR MARKET REMAINED VERY TIGHT.

THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR AUGUST OCTOBER 1988 WAS 1.5 PER CENT COMPARED WITH 1.7 PER CENT FOR THE THREE MONTHS ENDING JULY 1988 AND 1.9 PER CENT FOR THE SAME PERIOD A YEAR EARLIER.

+

THE DECREASE OF 0.2 OF A PERCENTAGE POINT BELOW THE PREVIOUS THREE MONTHS PERIOD IS STATISTICALLY NOT SIGNIFICANT WHILE THE DECREASE OF 0.4 OF A PERCENTAGE POINT BELOW THE SAME PERIOD A YEAR EARLIER IS STATISTICALLY SIGNIFICANT.

THE NUMBER OF UNEMPLOYED PERSONS IN AUGUST OCTOBER 1988 WAS ESTIMATED AT 41,100, COMPARED WITH 46,600 FOR THE THREE MONTHS ENDING JULY 1988 AND 52,900 FOR THE THREE MONTHS ENDING OCTOBER 1987.

THE UNDEREMPLOYMENT RATE FOR AUGUST OCTOBER 1988 WAS 0.6 PER CENT WHICH WAS THE SAME AS THAT FOR THE THREE MONTHS ENDING JULY 1988. THE RATE FOR AUGUST

1987 OCTOBER

WAS 1.0 PER CENT. THE DECREASE OF 0.4 OF A PERCENTAGE POINT BELOW THE SAME PERIOD A YEAR FARLIER IS STATISTICALLY SIGNIFICANT.

-

THE ESTIMATED NUMBER OF UNDEREMPLOYED PERSONS FOR AUGUST OCTOBER 1988 WAS 17,000. COMPARED WITH 16,100 FOR THE THREE MONTHS ENDING JULY 1988 AND 28,100 FOR THE THREE MONTHS ENDING OCTOBER 1987.

/CONSTSUT WITH.