Developments in Economic Activity and Prices  Employment and Income Number of Corporate Bankruptcies  Employee Income 4  y/y % chg.  All Industry Activity and Number of Employed Persons  1,600 cases  3 y/y % chg.  y/y % chg. 10  2 1,400  2  5 1  0  1,200  -2  1,000  0  0  -1 -5 -2  -4  Total cash earnings Number of employees  -6  800  -3 -4  11  13  15  17  Employed persons (left scale)  600  Employee income -8 CY 09  -10  -5  19  400 CY 09  11  13  15  17  19  -15  Indices of All Industry Activity (right scale)  -6 CY 09  -20 11  13  15  17  19  Notes: 1.
In the left-hand chart, Q1 = March-May, Q2 = June-August, Q3 = September-November, Q4 = December-February. Employee income = total cash earnings ("Monthly Labour Survey") × number of employees ("Labour Force Survey"). Figures from 2016/Q1 are based on continuing observations following the sample revisions of the "Monthly Labour Survey." 2. In the middle chart, figures show 6-month backward moving averages. 3.