XN000022-1991-05-14 — Page 9

TUESDAY, MAY 14, 1991

SUCCESSFUL BIDDERS MUST PAY BY CHEQUE IMMEDIATELY AFTER THE

BIDDING.

A TRANSPORT DEPARTMENT SPOKESMAN REMINDED BIDDERS THAT THE VEHICLE REGISTRATION NUMBER WOULD BE ASSIGNED ONLY ΤΟ A VEHICLE REGISTERED IN THE NAME OF THE SUCCESSFUL BIDDER WITHIN 12 MONTHS OF THE AUCTION.

THE CERTIFICATE OF INCORPORATION MUST BE PRODUCED IMMEDIATELY AFTER THE AUCTION IF THE VEHICLE REGISTRATION MARK IS TO BE REGISTERED UNDER THE NAME OF A BODY CORPORATE.

PROCEEDS OF THE AUCTION WILL AS USUAL GO то THE GOVERNMENT LOTTERIES FUND.

THE COMING AUCTION WILL BE THE 164TH ORGANISED BY THE TRANSPORT DEPARTMENT SINCE MAY 1973.

UNEMPLOYMENT AND UNDEREMPLOYMENT STATISTICS FOR JAN

-

MAR RELEASED

BOTH THE UNEMPLOYMENT RATE AND UNDEREMPLOYMENT RATE DURING THE PERIOD JANUARY - MARCH 1991. ACCORDING ΤΟ LABOUR FORCE STATISTICS RELEASED TODAY (TUESDAY) BY THE STATISTICS DEPARTMENT.

INCREASED THE LATEST CENSUS AND

THUS THERE WAS APPARENTLY A SIGN OF SOME EASING OFF IN LABOUR

MARKET CONDITIONS.

THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR JANUARY - MARCH 1991 WAS 1.8%, COMPARED WITH 1.4% FOR THE THREE MONTHS ENDING DECEMBER 1990 AND 1.7% FOR THE CORRESPONDING PERIOD A YEAR EARLIER.

THE INCREASE OF 0.4 OF A PERCENTAGE POINT OVER THE PRECEDING THREE-MONTH PERIOD IS STATISTICALLY SIGNIFICANT WHILE THE INCREASE OF 0.1 OF A PERCENTAGE POINT OVER THE CORRESPONDING PERIOD A YEAR EARLIER IS STATISTICALLY NOT SIGNIFICANT.

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THE NUMBER OF UNEMPLOYED PERSONS IN JANUARY MARCH 1991 WAS ESTIMATED AT 49,900, COMPARED WITH 38,100 IN THE THREE MONTHS ENDING DECEMBER 1990 AND 46,300 IN THE CORRESPONDING PERIOD A YEAR EARLIER.

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MARCH 1991 WAS 1.5%, DECEMBER 1990 AND 0.7% FOR THE

THE UNDEREMPLOYMENT RATE FOR JANUARY COMPARED WITH 0.8% FOR OCTOBER CORRESPONDING PERIOD A YEAR EARLIER.

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PRECEDING

THE INCREASES OF 0.7 OF A PERCENTAGE POINT OVER THE THREE-MONTII PERIOD AND 0.8 OF A PERCENTAGE POINT OVER THE CORRESPONDING PERIOD A YEAR EARLIER ARE BOTH STATISTICALLY SIGNIFICANT.

/THE ESTIMATED