35


TABLE 4 - Median earnings for select sectors, showing deviation from the overall median (Percent)


200 150 100 50 0


-50 -100


2004 2005 2006 2007 2008 2009 TABLE 4 Manufacturing


Hotel and Restaurants Leisure services


Construction Administration Domestic Retail


If we look now at the dispersion of earnings in relation to the overall median for all earnings, only three sectors have outperformed. They are: construction, which appears to be losing steam; gambling, which is included in the general category of “leisure services” and where earnings are generally about 50 percent above the overall median; and public administration, by far the sector with the highest median earnings. The earnings of those in the public administration sector even appear to have reversed a declining trend evident in the fi rst years of the survey period.


The abandoned sectors of the boom, in terms of earnings, have been manufacturing and the domestic helpers sector. In the fi rst case, the relative level of earnings has plateaued. In the second case we have seen a decline.


TABLE 5 - Median earnings by occupation (In patacas)


25,000 20,000


15,000


5,000 10,000


0 2004 2005 2006 2007 2008 2009 Administration


Clerks Skilled workers


Professionals


Sevices and Sales Semi-skilled workers


Skilled workers, primary sector Technical


Unskilled workers TABLE 5


If the same analysis is made for classes of occupations and not economic sectors, the same general upward trend in median earnings is clear. Note that we follow the nine classes of occupations used in the offi cial statistics, just simplifying their designations. The fi rst two categories include top management, professionals and jobs in politics, and are neatly detached from the rest. However, if we put our faith in the fi gures, look at relative earnings and exclude unskilled workers from the analysis, the main benefi ciaries of the economic boom have been the lowest occupational categories, comprising skilled and semi-skilled workers. This is a surprising result and one that requires more detailed data to be analysed.


TABLE 6 TABLE 6 - Median earnings


250 200 150 100 50 0


-50 -100


2004 2005 2006 2007 2008 2009


by occupation, showing deviaton from the overall median (Percent)


Administration Clerks


Professionals


Skilled workers, primary sector Technical


Semi-skilled workers


Sevices and Sales Skilled workers


Unskilled workers


The fi nal table displays two fundamental features that should not surprise. First, it confi rms there are earnings clusters relative to the overall median that appear closely linked to the training associated with each of the classes of occupation. The graph also shows there were some oscillations in the relative position of the various occupations, in terms of relative earnings. Overall, the relative standings of the occupations has been mostly stable across the period surveyed.


OCTOBER 2010


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148