labor turnover

Labor Turnover Statistics, 2nd Quarter 2018 Philippines

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 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.

Labor Turnover Statistics, 1st Quarter 2018 Philippines

Employment in establishments grows by 1.94 percent in the first quarter of 2018

The result of the first nationwide Labor Turnover Survey placed the labor turnover rate at 1.94 percent.

This infers that 19 workers per 1,000 employed were added to the workforce in all establishments nationwide. There are around 30,508 establishments with an estimated employment of 4,738,456 during the 1st quarter of 2018.

The accession rate stood at 9.53 percent which indicates that there was an addition of 95 workers per 1,000 employed workforce in establishments. The additional workforce was hired either for business expansion or replacement of separated workers.

Meanwhile, the separation rate was at 7.59 percent which implies that for every 1,000 employed, 76 workers were either laid-off or quit their jobs.

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