XN000022-1990-07-17 — Page 7

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TUESDAY, JULY 17, 1990

IN

ON THE OTHER HAND, PER CAPITA EARNINGS DECREASED MODERATELY THE FABRICATED METAL PRODUCTS AND THE FOOD AND DRINKS INDUSTRIES FOLLOWING THE ISSUE OF SPECIAL BONUSES IN APRIL BY SOME COMPANIES SURVEYED.

COMPARING MAY 1990 WITH MAY 1989, PER CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 15 PER CENT IN MONEY TERMS. INCREASES IN PER CAPITA EARNINGS WERE RECORDED IN ALL MANUFACTURING INDUSTRIES SURVEYED, WITH THE PERCENTAGE INCREASES BEING MOST SIGNIFICANT IN THE FABRICATED METAL PRODUCTS AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.

IN THE CONSTRUCTION COMPANIES SURVEYED, EMPLOYMENT IN MAY 1990 · WAS ABOUT THE SAME AS IN APRIL 1990, BUT DECREASED SLIGHTLY WHEN. COMPARED WITH MAY 1989. PER CAPITA EARNIN S IN MAY 1990 INCREASED MODERATELY WHEN COMPARED WITH APRIL 1990, UT SHOWED A SUBSTANTIAL INCREASE OVER MAY 1989.

IT SHOULD BE NOTED THAT FIGURES FOR THIS INDUSTRY COVER COMPANY EMPLOYEES ONLY; SITE WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.

IN THE SELECTED SERVICE SECTORS, THE OVERALL EMPLOYMENT IN MAY 1990 AS REPORTED BY THE COMPANIES SURVEYED SHOWED LITTLE CHANGE WHEN COMPARED WITH APRIL 1990, BUT INCREASED SLIGHTLY OVER MAY 1989.

TAKEN APRIL

PER CAPITA EARNINGS FOR THE SELECTED SERVICE SECTORS TOGETHER DECREASED SUBSTANTIALLY IN MAY 1990 WHEN COMPARED WITH 1990, MAINLY DUE TO THE ISSUE OF SPECIAL BONUSES IN APRIL BY SOME COMPANIES SURVEYED. COMPARING MAY 1990 WITH MAY 1989, PER CAPITA EARNINGS INCREASED SUBSTANTIALLY IN MOST SERVICE SECTORS SURVEYED.

THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, EMPLOYMENT AND PER CAPITA EARNINGS ARE SHOWN IN THE ATTACHED TABLES 1 TO 3.

THE SURVEY COVERED A PANEL OF THE 200 LARGEST MANUFACTURING COMPANIES AND THE 50 LARGEST COMPANIES IN THE CONSTRUCTION INDUSTRY AND SELECTED SERVICE SECTORS, CHOSEN BY REFERENCE TO THEIR EMPLOYMENT SIZES IN SEPTEMBER 1986.

THE

THE IT

THE DEPARTMENT CAUTIONED THAT AS THE SURVEY IS NOT BASED ON A SCITIFICALLY SELECTED SAMPLE, THE MAGNITUDES OF CHANGE INDICATED BY SURVEY RESULTS ARE MERELY A REFLECTION OF THE EXPERIENCE OF COMPANIES SURVEYED. HOWEVER, GIVEN THE COMPOSITION OF THE PANEL, SHOULD BE ABLE TO PROVIDE A USEFUL INDICATION OF THE DIRECTION OF CHANGE FOR MAKING A QUICK ASSESSMENT OF DEVELOPMENT IN THE ECONOMY IN THE SHORT TERM.

THE SURVEY REPORT FOR MAY 1990 IS NOW ON SALE AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALBS COUNTER, 19TH FLOOR, WANCHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAI, AT $2.50 PER COPY.

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