XN000022-1990-01-15 — Page 20

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MONDAY, JANUARY 15, 1990

AND

FOR THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES RESTAURANTS AND HOTELS SECTOR, THE INCREASE WAS 17.3 PER CENT AND FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, THE INCREASE WAS 19.8 PER CENT.

OVER THE SAME PERIOD, THE REAL INDEX OF PAYROLL PER PERSON ENGAGED REGISTERED AN INCREASE OF 5.5 PER CENT FOR THE MANUFACTURING SECTOR, 6.6 PER CENT FOR THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR, AND 8.9 PER CENT FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR.

FROM

DETAILED BREAKDOWNS OF THE ABOVE STATISTICS ARE AVAILABLE THE QUARTERLY REPORT OF EMPLOYMENT, VACANCIES AND PAYROLL STATISTICS, SEPTEMBER 1989, WHICH IS AVAILABLE AT $11 PER COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GPO BUILDING, GROUND FLOOR, CONNAUGHT PLACE, CENTRAL, AND AT THE SALES COUNTER OF THE CENSUS AND STATISTICS DEPARTMENT AT 19TH FLOOR, WANCHAI TOWER I, 12 HARBOUR ROAD, WAN CHAI.

0

—

UNEMPLOYMENT, UNDEREMPLOYMENT STATISTICS FOR SEPT NOV RELEASED

THE UNEMPLOYMENT RATE REMAINED STABLE AT A LOW LEVEL WHILE THE UNDEREMPLOYMENT RATE INCREASED MARGINALLY DURING THE PERIOD SEPTEMBER

ΤΟ NOVEMBER 1989, ACCORDING

THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

—

THESE FIGURES INDICATE THAT THE TIGHT LABOUR

MARKET SITUATION

CONTINUED,

THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR SEPTEMBER NOVEMBER 1989 WAS 1.3 PER CENT WHICH WAS THE SAME AS THAT FOR THE THREE MONTHS ENDING AUGUST 1989 AND THE CORRESPONDING PERIOD A YEAR EARLIER.

J

NOVEMBER 1989

THE NUMBER OF UNEMPLOYED PERSONS IN SEPTEMBER WAS ESTIMATED AT 37,000, COMPARED WITH 36,700 FOR THE THREE MONTHS ENDING AUGUST 1989 AND 36,900 FOR THE THREE MONTHS ENDING NOVEMBER 1988.

SEPTEMBER

-

THE UNDEREMPLOYMENT RATE FOR

NOVEMBER 1989 WAS 0.8 PER CENT, COMPARED WITH 0.6 PER CENT FOR BOTH THE THREE MONTHS ENDING AUGUST 1989 AND THE CORRESPONDING PERIOD OF 1988.

THE INCREASE OF 0.2 OF A PERCENTAGE POINT OVER THE PRECEDING THREE-MONTH PERIOD IS STATISTICALLY SIGNIFICANT, WHILE THE INCREASE OF 0.2 OF A PERCENTAGE POINT OVER THE CORRESPONDING PERIOD EARLIER IS STATISTICALLY NOT SIGNIFICANT.

A YEAR

/THE ESTIMATED

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