TNAG-1483-FCO40-2037-Economic-situation-in-Hong-Kong-1986 — Page 56

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

significantly lower than the rates of 1.9% in the previous quarter and of 2.1% in the same quarter in 1985(4)

4.2

Reflecting the lagged effect of a strong recovery in domestic exports, employment in the manufacturing sector

registered a slight increase in June 1986 over June 1985,

reversing its declining trend (on a year-on-year comparison) since March 1985 (paragraph 4.6). Employment in the services

sectors also increased over this period (paragraph 4.8), while employment on building and construction sites remained stable (paragraph 4.7).

4.3

Comparing June 1986 with June 1985, earnings in the

manufacturing sector and in most of the services sectors, in

terms of payroll per person engaged, increased rapidly in money terms and in real terms (paragraphs 4.10 and 4.11).

Construction wage rates also showed some increase in real

terms (paragraph 4.12).

(4) The underemployment rate :

Quarter ending

Underemployment

rate

(음)

1985 Mar

Jun

Sep

Dec

1986 Mar

1.5

1.5

2.1

2.3

2.3

Jun Sep

1.9

1.3

34

/The

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