XN000022-1993-06-17 — Page 10

THURSDAY, JUNE 17, 1993

"SUCH ISSUES WOULD ALREADY HAVE COMPLIED WITH SEHK'S LISTING REQUIREMENTS AND HENCE SHOULD BE EXEMPTED FROM DOUBLE VETTING UNDER

MR CARTLAND SAID.

THIS ORDINANCE,

IN

"THIS UPDATING AND CLARIFICATION TO THE SCOPE OF THE ORDINANCE SHOULD FACILITATE THE FURTHER DEVELOPMENT OF THE CAPITAL MARKETS HONG KONG, MR CARTLAND ADDED.

THE BILL WILL BE GAZETTED TOMORROW (FRIDAY).

UNEMPLOYMENT AND UNDEREMPLOYMENT STATISTICS FOR FEBRUARY

*

+

APRIL

THE SEASONALLY

ADJUSTED UNEMPLOYMENT RATE FOR FEBRUARY

ACCORDING TO APRIL WAS 2.4%, AND THE UNDEREMPLOYMENT RATE WAS 1.8%,

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

RATE FOR

THE PROVISIONAL SEASONALLY ADJUSTED UNEMPLOYMENT THE PERIOD MARCH MAY WAS 2.3%, WHILE THE PROVISIONAL UNDEREMPLOYMENT RATE WAS 2.0%.

-

THE LATEST STATISTICS SUGGEST THAT BOTH THE UNEMPLOYMENT AND UNDEREMPLOYMENT RATES REMAINED BROADLY STABLE.

FEBRUARY

-

APRIL

THE 1993,

OF NUMBER OF FIRST- UNEMPLOYED PERSONS, ADJUSTED FOR VARIATIONS IN THE NUMBER

ESTIMATED AT 68,100, WHILE THE NUMBER OF

TIME

DURING THE

PERIOD

JOB-SEEKERS,

WAS

UNDEREMPLOYED PERSONS WAS ESTIMATED AT 50,300.

OBTAINED

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

THE

SOME

—

A

QUARTERLY PERSONS, SELECTED

SURVEY FOR FEBRUARY APRIL 1993 COVERED SAMPLE OF

12,000 HOUSEHOLDS OR 41,600 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

MEASURING

IN THE SURVEY, THE DEFINITIONS USED UNEMPLOYMENT AND UNDEREMPLOYMENT FOLLOW CLOSELY THOSE RECOMMENDED

BY

THE INTERNATIONAL LABOUR ORGANISATION.

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

WILL

THE NEXT REPORT COVERING THE QUARTER ENDING MARCH 1993 BE AVAILABLE FROM THE GOVERNMENT PUBLICATIONS CENTRE BY JULY AT $23.50 A COPY.

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