XN000022-1993-03-16 — Page 10

TUESDAY, MARCH 16, 1993

UNEMPLOYMENT AND UNDEREMPLOYMENT FIGURES FOR NOVEMBER 1992

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JANUARY 1993

*

THE

SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR NOVEMBER 1992 JANUARY 1993 WAS 2.0%, AND THE UNDEREMPLOYMENT RATE WAS 1.9%, ACCORDING ΤΟ THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

THE

THE PROVISIONAL SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR PERIOD DECEMBER 1992 FEBRUARY 1993 WAS 2.2%, WHILE THE PROVISIONAL UNDEREMPLOYMENT RATE WAS 1.7%.

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THE LATEST FIGURES SUGGEST THAT THE LABOUR MARKET WAS GENERALLY TIGHT, ALTHOUGH THERE HAD BEEN SLIGHT EDGING UP OF THE UNEMPLOYMENT RATE. UNEMPLOYMENT FIGURES ARE AFFECTED BY SOME WORKERS LEAVING THEIR JOBS AFTER THE LUNAR NEW YEAR HOLIDAYS AND BECOMING TEMPORARILY

UNEMPLOYED.

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DURING THE PERIOD NOVEMBER 1992 JANUARY 1993 THE NUMBER OF UNEMPLOYED PERSONS, ADJUSTED FOR VARIATIONS IN THE NUMBER OF FIRST- TIME, JOB-SEEKERS, WAS ESTIMATED AT 56,000, WHILE THE NUMBER OF UNDEREMPLOYED PERSONS WAS ESTIMATED AT 52,700.

THE UNEMPLOYMENT AND UNDEREMPLOYMENT STATISTICS WERE OBTAINED FROM A CONTINUOUS GENERAL HOUSEHOLD SURVEY CONDUCTED BY THE CENSUS AND STATISTICS DEPARTMENT.

THE SURVEY FOR NOVEMBER 1992

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JANUARY 1993 COVERED A QUARTERLY SAMPLE OF SOME 12,000 HOUSEHOLDS OR 41.400 PERSONS,

SELECTED

SCIENTIFICALLY TO REPRESENT THE LAND-BASED CIVILIAN NON-INSTITUTIONAL POPULATION IN HONG KONG.

RELEVANT DATA WAS OBTAINED IN THE SURVEY BY INTERVIEWING EACH INDIVIDUAL MEMBER AGED 15 AND ABOVE IN THE HOUSEHOLDS SAMPLED.

IN THE SURVEY, THE DEFINITIONS USED IN MEASURING UNEMPLOYMENT AND UNDEREMPLOYMENT FOLLOW CLOSELY THOSE RECOMMENDED BY THE INTERNATIONAL LABOUR ORGANISATION.

DETAILED ANALYSIS OF LABOUR FORCE CHARACTERISTICS IS GIVEN IN THE REPORT ON THE GENERAL HOUSEHOLD SURVEY WHICH IS PUBLISHED FOUR TIMES A YEAR.

WILL

END

OF

THE NEXT REPORT COVERING THE QUARTER ENDING DECEMBER 1992 BE AVAILABLE FROM THE GOVERNMENT PUBLICATIONS CENTRE BY THE MARCH AT $15.50 A COPY.

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