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Puerto Ricos Salaried Jobs Rise By 4,000 In November
BY JEFFRY VALENTIN-MARI
December 28, 2000
The number of non-farm salaried jobs edged up to 993,700 in November. 2000, according to the establishment survey issued by the Department of Labor and Human Resources.
The agency reported 4,000 salaried jobs added to the economy last month, as compared with 989,700 in November 1999. Meanwhile, from October 2000 to November 2000, non-farm salaried jobs grew by 5,300.
During the 12-month period, only two economic sectors registered gains: services and government.
The service sector registered the highest increase with 6,800 new salaried jobsfrom 208,300 in November 1999 to 215,100 in November 2000. Meanwhile, the public sector registered 278,500 jobs, for a gain of 2,200 over the year.
From November 1999 to November 2000, the biggest job loss was registered in trade, which fell by 2,200 jobs to 207,700.
The transportation and public utility sector reported 34,300 salaried jobs, for a loss of 300 workers over the year. In other service-producing sectors, finance, insurance and real estates salaried jobs dropped by 800 to 48,200 over the year.
Manufacturing salaried jobs decreased by 1,700 to 139,000 in November 2000, in comparison with 137,300 in November 1999. In other goods-producing sectors, construction salaried jobs decreased slightly from 68,600 in November 1999 to 68,500 in November 2000.
Average hourly earnings in manufacturing rose by 31 cents in November 2000, increasing from $9.24 in November 1999 to $9.37 in November 2000. In addition, average weekly earnings grew from $372.37 in November 1999 to $380.42 in November 2000.
Over the year, the average workweek for production on manufacturing dipped from 41.1 hours in November 1999 to 40.6 hours in November 2000.
From November 1999 to November 2000, non-farm salaried employment grew by 1.2% in the San Juan metropolitan area. Meanwhile, non-farm salaried jobs in Ponce and Caguas areas rose by 2.9% and 1.1%, respectively. However, salaried jobs in Mayaguez went down by 1.1%.
Data based on establishment records are compiled each month from telephone interviews and mail questionnaires sent directly to employers by the Department of Labor and Human Resources. The establishment survey is designed to provide industry information on non-farm wage and salary employment, average weekly hours, average hourly earnings, and non-agricultural salaried employment by area. The employment, hours, and earnings data are based on payroll reports from a sample of over 4,400 establishments representing all industrial groups, except agriculture.
This Caribbean Business article appears courtesy of Casiano Communications.