Wage index, Q2 2000, preliminary figures

Monthly earnings for employees in wholesale and retail trade rose by 2.1 per cent from 1st quarter 2000 to 2nd quarter 2000. Employees in real estate and business activities received a 1.6 increase in their monthly earnings, while the increase in oil and gas extraction and mining was 1.0 per cent. In the construction industry the increase was 0.9 per cent, while in transport and communication it was 0.7 per cent.

Change over a year

Employees in manufacturing had a 3.9 per cent growth in monthly earnings from 2nd quarter 1999 to 2nd quarter 2000. The corresponding growth for employees in oil and gas extraction and mining was 5.6 per cent, while employees in the construction industry had a growth of 4.7 per cent. Employees in real estate and business activities had an increase of 4.6 per cent, while those in transport and communication had a growth of 4.3 per cent from 2nd quarter 1999 to 2nd quarter 2000. Employees in wholesale and retail trade had a growth of 3.8 per cent in the same period.

Generally, the growth in monthly earnings was somewhat higher from 2nd quarter 1999 to 2nd quarter 2000 than it was from 1st quarter 1999 to 1st quarter 2000. However, the picture is somewhat different in manufacturing, which shows diminishing growth in monthly earnings for the same period.

Sample

The sample for the 2nd quarter of 2000 includes approx. 101 200 full-time employees, broken down into 12 400 in oil and gas extraction and mining, 35 400 in manufacturing, 18 100 in construction, 14 600 in transport and communication, 10 600 in wholesale and retail trade and 10 100 in real estate and business activities. By comparison, the preliminary figures in the national accounts for the 2nd quarter of 2000 show that there are about 25 000 persons employed in oil and gas extraction and mining, 299 000 in manufacturing, 103 000 in construction, 123 000 in transport and communication, 321 000 in wholesale and retail trade and 158 000 in real estate and business activities. It must be noted that the figures from the national accounts include also part-time employees.

Tables:

• Table 1 Index on average monthly earnings in manufacturing, oil and gas extraction and mining, construction, transport and communication, wholesale and retail trade, real estate and business activities. 1 st quarter 1998=100
• Table 2 Changes in average monthly earnings from the corresponding quarter the year before by industry. Percent
• Table 3 Index on average basic paid salaries in manufacturing, oil and gas extraction and mining, construction, transport and communication, wholesale and retail trade, real estate and business activities. 1 st quarter 1998=100
• Table 4 Changes in average basic paid salaries from the corresponding quarter the year before by industry. Percent