XN000022-1990-03-17 — Page 5

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SATURDAY, MARCH 17, 1990

COMPARING JANUARY 1990 WITH DECEMBER 1989, EMPLOYMENT DECREASED MODERATELY IN THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRY AND TO A LESSER EXTENT IN ALL THE OTHER MANUFACTURING INDUSTRIES SURVEYED.

COMPARED WITH JANUARY 1989, EMPLOYMENT IN JANUARY 1990 DECREASED SIGNIFICANTLY IN MOST MANUFACTURING INDUSTRIES SURVEYED, WITH THE LARGEST DECREASE RECORDED IN THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRY.

ON THE OTHER HAND, A SLIGHT INCREASE IN EMPLOYMENT WAS RECORDED IN THE FOOD AND DRINKS INDUSTRY.

IN JANUARY 1990, PER CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED INCREASED SUBSTANTIALLY IN MONEY TERMS, WHEN COMPARED WITH DECEMBER 1989. HOWEVER, CAUTION SHOULD BE TAKEN IN INTERPRETING THE PERCENTAGE CHANGES IN PER CAPITA EARNINGS IN THIS ROUND OF THE SURVEY RESULTS.

THE MAIN FACTOR BEHIND THE

LARGE INCREASES BETWEEN DECEMBER 1989 AND JANUARY 1990 WAS THE ISSUE OF DOUBLE PAY AND YEAR-END BONUSES AHEAD OF THE LUNAR NEW YEAR HOLIDAYS BY MANY COMPANIES SURVEYED IN JANUARY THIS YEAR. THE INCREASE WAS PARTICULARLY LARGE THE FABRICATED METAL PRODUCTS AND PLASTIC PRODUCTS INDUSTRIES.

ON THE OTHER HAND, A SLIGHT DECREASE IN PER CAPITA WAS RECORDED IN THE FOOD AND DRINKS INDUSTRY, FOLLOWING THE DOUBLE PAY AND YEAR-END BONUSES IN DECEMBER 1989 BY SOME SURVEYED IN THIS INDUSTRY.

IN

EARNINGS ISSUE OF COMPANIES

EARNINGS

COMPARING JANUARY 1990 WITH JANUARY 1989, PER CAPITA IN THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 19 PRR CENT IN MONEY TERMS. SUBSTANTIAL INCREASES IN PER CAPITA EARNINGS WERE RECORDED IN MOST MANUFACTURING INDUSTRIES SURVEYED.

THE LARGEST INCREASE WAS RECORDED IN THE FABRICATED METAL PRODUCTS INDUSTRY, WHICH WAS LARGELY DUE ΤΟ THE DIFFERENCE BETWEEN 1989 AND 1990 IN THE TIMING FOR THE ISSUE OF DOUBLE PAY AND YEAR-END BONUSES BY SOME MANUFACTURERS SURVEYED.

IN THE CONSTRUCTION COMPANIES SURVEYED, EMPLOYMENT IN JANUARY 1990 DECREASED SLIGHTLY WHEN COMPARED WITH DECEMBER 1989 AND JANUARY 1989, PER CAPITA EARNINGS IN JANUARY 1990 INCREASED SUBSTANTIALLY OVER DECEMBER 1989 DUE ΤΟ THE ISSUE OF DOUBLE PAY AND YEAR-END BONUSES IN JANUARY BY MOST COMPANIES SURVEYED.

COMPARING JANUARY 1990 WITH JANUARY 1989, PER CAPITA BARNINGS ALSO INCREASED SUBSTANTIALLY. IT SHOULD BE NOTED THAT FIGURES FOR THIS SECTOR COVER COMPANY EMPLOYEES ONLY; SITE WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.

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