TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 101

4.2

in the

Comparing June 1983 with June 1982, employment

manufacturing sector showed no change while

employment in the tertiary services sectors increased

moderately; but employment on building and contruction

sites continued to show a decline. Nevertheless,

employment in the manufacturing sector increased during

the second quarter of this year.

4.3

in the

In the twelve months ending June 1983, earnings

manufacturing sector, in terms of payroll per

in real terms

tertiary services

person engaged, increased slightly

(paragraph 4.10), while those in the

sectors remained relatively stable (paragraph 4.11).

Construction wage rates, however, continued to decline in

real terms (paragraph 4.12).

The supply of and the demand for labour

4.4

Affected by demographic patterns, the population

of working age increased slightly in the third quarter of

this year compared with the same period of last year. (4) Thus, even though the labour force participation rate

(4)

/declined

The labour force participation rate is defined as the proportion of the economically active population (those working or unemployed) in the population aged 15 and over. The labour force participation rate was 64.4% in the third quarter, the same as that in the previous quarter and slightly lower than the 64.7% in the third quarter of 1982.

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