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Extract: Retrenchment and Re-entry into Employment 2019
Released on:12/3/2020 10:00 AM

​Feature: Retrenchment and Re-entry into Employment 2019

This feature provides an analysis on those retrenched and their re-entry into employment based on full year data. It examines trends across industry and demographics, and the reasons for retrenchment.

KEY INSIGHTS

Despite economic headwinds, the number of retrenchments in 2019 remained low, and at a similar level as 2018. Business restructuring and re-organisation remained the top reason cited by establishments for retrenchment. In 2019, the rate of re-entry into employment inched up, and remained within range of recent years.

 

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