Earnings and Productivity Statistics in August 2004

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Earnings and Productivity Statistics in August 2004
Employee
Total nonagricultural payroll employment, at 5,892 thousand, increased by 7 thousand (or 0.12%) in
August 2004. Among them, the service sector had shared 51.32%. In comparison from August 2003 through
August 2004, payroll employees increased by 221 thousand (or 3.90%). The average employment since
January 2004 was 5,802 thousand, increased 163 thousand (or 2.89%) than the same period of last year. The
industrial sector increased 2.62%, while the service sector increased 3.15%. Comparing the same period
from January to August 2004 with last year, employees increased mostly in Manufacturing (77 thousand),
followed by Trade (27 thousand), Other Services (15 thousand) and Professional, Scientific and Technical
Services (14 thousand).
Turnover Rate
The average accession rate within industry and service sectors in August came to 2.44 percent,
decreased by 0.61 percentage point than last month and 0.23 percentage than the same month of last year,
while the separation rate of 2.35 percent, up by 0.23 percentage point than last month and down by 0.10
percentage point than the same month of last year.
The average accession rate from January to August 2004 was 2.37%, increased by 0.07 percentage
point than the same period of 2003. The separation rate came to 2.02%, fell 0.22 percentage point than last
year. Among all industries, the Accommodation & Eating-Drinking Places Industry with the highest
accession rate (4.90%), followed by Cultural, Sporting & Recreational Services (3.58%), Other Services
(3.49%). The Accommodation & Eating-Drinking Places Industry showed the highest separation rate
(4.09%), followed by Cultural, Sporting & Recreational Services (3.39%) and Other Services (3.12%).
Earnings
Monthly earnings (including regular and irregular income) per employee at the industrial and service
sectors in August 2004 were $41,412. Comparing with last month and a year earlier, there were 3.25 percent
and 3.76 percent increases. Regular earnings in August 2004 were $35,292. Comparing with last month and
a year earlier, there were 0.01 percent decreases and 0.71 percent increases. The average monthly earnings
and average regular earnings since January 2004 were $44,386 and $35,241, which increase 2.59 percent
and 1.08 percent than the same period of last year respectively. After deflation by the Consumer Price Index
(1.38%), the average regular monthly earnings fell 0.29 percent.
Working-Hour
Due to the effect of Typhoon, the average monthly working-hour for industry and service sectors in
August 2004 totaled to 184.8 hours, down by 5.3 hours than last month and up by 0.8 hours than last year.
The average working-hour since January 2004 was 181.7 hours, increased by 2.7 hours than the same period
of last year. The top three industries with increasing working-hour were Real Estate and Rental and Leasing
Industry, Trade Industry and Transportation, Storage and Communication Industry those reported 9.2 hours,
4.3 hours and 3.9 hours increasing respectively.
Labor Productivity and Unit Output Labor Cost
The manufacturing sector's labor productivity index and the unit output labor cost index were 121.27
and 75.16 (2001=100), up by 2.88% and down by 4.60% than last month respectively, and up by 4.99% and
down by 5.83% than August 2003.
Comparing the same period from January to August 2004 with last year, the manufacturing sector's
labor productivity index increased 8.83%, while the unit output labor cost index decreased 6.38%.
Released on 22th of every month
Summary of Earning and Productivity Statistics in Taiwan Area
Employees on payrolls
Year
month
Average 1994
Average 1995
Average 1996
Average 1997
Average 1998
Average 1999
Average 2000
Average 2001
Average 2002
Industry
&
services
Industry
Industry & services
Services
(Thousa (Thousand (Thousand
nd
person) person)
person)
5562
3037
2525
5762
3000
2761
5687
2918
2769
5757
2939
2818
5795
2928
2866
5825
2920
2905
5925
2952
2973
5705
2802
2903
5598
2740
2859
Average
monthly
working
Accessions
Separations
hours
Manufacturing
Mnotnly earnings of
all employees
Average
Average
regular
earnings
earnings
Employees
on
payrolls
Average
monthly
working
(Thousand
hours
Average
monthly
earnings
of all
employees
Index
of
Labor
productivity
Index
Of
unit
output
Labor
(%)
(Hour)
196.5
194.2
193.3
193.9
190.2
190.2
190.1
180.3
181.4
(%)
2.84
2.80
2.46
2.63
2.57
2.63
2.59
2.01
2.19
2.39
2.71
2.61
2.40
2.69
2.41
2.60
2.47
2.10
(dollars)
33689
35421
36735
38530
39726
40908
41938
42042
41667
(dollars)
27107
28431
29787
31010
32028
33114
34009
34551
34837
person)
2444
2409
2364
2392
2397
2411
2461
2348
2307
(Hour)
202.4
201.6
201.1
201.8
198.0
199.1
198.7
184.4
187.6
(dollars)
30803
32555
33911
35492
36546
37882
39080
38586
38565
67.58
72.60
76.36
80.64
84.93
90.70
96.36
100.00
109.55
Cost
106.79
105.64
105.00
103.70
103.51
100.01
97.38
100.00
89.72
Average 2003
May
June
5665
5621
5625
2767
2753
2756
2898
2867
2870
181.2
184.2
176.0
2.31
2.18
2.06
2.15
2.33
1.90
42287
39019
38516
34945
34664
34828
2346
2333
2339
188.3
191.9
183.2
39583
36715
35952
115.34
110.90
112.91
87.17
82.48
83.08
July
Aug.
Sept.
Oct.
Nov.
Dec.
5658
5671
5683
5710
5728
5749
2769
2768
2775
2787
2792
2803
2889
2903
2908
2923
2936
2946
192.7
184.0
181.3
188.3
178.8
193.7
2.68
2.67
2.68
2.51
2.09
1.89
2.17
2.45
2.44
2.03
1.69
1.45
39050
39913
40905
38473
38328
43699
35320
35043
35013
35101
34950
35356
2352
2352
2357
2364
2372
2381
199.8
190.2
188.3
195.6
186.1
202.4
36772
36635
36771
36060
36356
41515
110.05
115.51
116.78
120.75
122.36
121.69
79.94
79.81
80.03
72.91
76.28
80.59
2004 Jan.~ Aug.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
5802
5732
5744
5759
5777
5798
5830
5885
5892
2828
2792
2799
2811
2814
2829
2843
2869
2868
2974
2940
2944
2948
2963
2969
2987
3016
3024
181.7
155.8
174.1
193.6
187.8
184.1
183.1
190.1
184.8
2.37
1.68
2.41
2.54
2.16
2.24
2.39
3.05
2.44
2.02
1.95
2.10
2.20
1.82
1.88
1.73
2.12
2.35
44386
76688
39802
39192
38965
39097
40227
40110
41412
35241
35054
35154
35317
35325
35296
35193
35295
35292
2412
2375
2385
2399
2403
2413
2427
2449
2443
188.8
160.6
181.5
200.8
194.8
191.5
190.8
198.1
191.9
41999
74298
38010
36604
37051
36881
38705
38475
36521
122.60
128.21
123.68
121.81
121.35
125.53
122.41
117.88
121.27
86.75
172.55
81.06
71.56
74.96
73.27
79.12
78.78
75.16
0.12
-0.02
0.25
(-5.3)
(-0.61)
(0.23)
3.25
-0.01
-0.26
(-6.2)
-5.08
2.88
-4.60
3.90
3.61
4.18
(0.8)
(-0.23)
(-0.10)
3.76
0.71
3.85
(1.7)
-0.31
4.99
-5.83
2.89
2.62
3.15
(2.7)
(0.07)
(-0.22)
2.59
1.08
3.32
(3.0)
3.58
8.83
-6.38
The Change
compare with the
last Month(%)
The Change
compare with the
same month of last
year(%)
The Change
compare with the
same period
(Jan.~ Aug. of
last year(%)
Unit of compiled: DGBAS,THE EXECUTIVE YUAN
Date of compiled: Oct.
22 2004
Notes: 1. Numbers in quotation are time-increased or time-decreased or percentage
2. Index base year :2001=100
3.Average earning is the total of regular(basic salary, monthly bonus , fixed subsidy and good attendance reward) and irregular ( over-time ,annul bonus, flexible
bonus not paid by month) earnings of employees on payroll. But not include the non-working reward such as insurance,pension.
4. Since samples renewed in July, the time series were adjusted in this month .
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