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 .