Employment in establishments gains by 3.15 percent in the second quarter of 2018
The nationwide Labor Turnover Survey in the second quarter of 2018 placed the labor turnover rate at 3.15 percent.
This implied that 32 workers per 1,000 employed were added to the workforce in all establishments nationwide.
The accession rate was estimated at 12.13 percent which indicated that there was an addition of 121 workers per 1,000 employed in the establishments workforce. The additional workers were hired either for business expansion (6.05%) or replacement of separated workers (6.08%).
On the other hand, the separation rate posted at 8.98 percent implied that for every 1,000 employed, 90 workers were either laid-off or left their jobs.
All sectors registered overall employment growths
The highest labor turnover rate during the reference quarter was recorded in the industry sector at 5.80 percent, with an accession rate of 15.20 percent and separation rate of 9.39 percent. All industries under this sector posted employment gains where the most significant was in manufacturing at 7.51 percent. This was followed by mining and quarrying at 2.15 percent.
Meanwhile, the sector of agriculture, forestry, and fishing also posted a positive labor turnover rate at 2.27 percent, in which accession and separation of workers were registered at 5.96 percent and 3.69 percent, respectively.
The services sector recorded the lowest turnover rate at 2.24 percent. Under this sector, negative growth rates were observed in accommodation and food service activities at 0.95 percent and in arts, entertainment and recreation at 0.24 percent.
LISA GRACE S. BERSALES, Ph.D.
National Statistician and Civil Registrar General
See more at the Labor Turnover Survey (LTS) Landing page.