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Figure 2.1 Employment by main sector in 1960.<br />

Construction<br />

Tourism<br />

Mining and quanying<br />

15%<br />

Financial, property &<br />

business services<br />

1.1%<br />

Agriculture<br />

44.4%<br />

Source: Republic ofCypms.1994. TSuionctlDataonUie Economy ofCypnt* 1960-1991 '.p. 184.<br />

communitiy, social &<br />

personal seiv's<br />

13.8%<br />

While no other sub-sector under-performed like agriculture, few looked particularly<br />

productive. Using the same data as in Figures 2.1 and 2.2, (and 1960 current<br />

market prices) construction exhibited signs of low productivity, 9.5% of labour<br />

producing just 5% of GDP. Manufacturing in 1960 did not look much like a<br />

modem sector able to productively absorb surplus labour from agriculture. Being<br />

essentially dominated by agricultural processing and small scale craft based<br />

industries, manufacturing exhibited signs of low productivity, over 13% of labour<br />

employed in the sector produced 12% of GDP. Income and employment in the<br />

tourist industry was low in 1960. If income and employment in restaurant and<br />

hôtels can be used as a rough proxy for the size and performance of the tourist<br />

industry, it also reveáis signs of under-employment, 3.5% of labour contributing<br />

less than 2% to national income. Only in the small, mining, transport, financial and<br />

property services industries, was under-employment entirely absent. Mining and<br />

quarrying employed 2.5% of labour and produced 5% of GDP. Transport storage<br />

and communications employed 4.5% of labour and produced 8% of GDP, while the<br />

65

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