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Report: Labour Market First Quarter 2019
Released on:13/6/2019 10:00 AM

​​Report: ​Labour Market First Quarter 2019

This quarterly release analyses the labour market situation. Topics covered include unemployment, employment, retrenchment, re-entry into employment, job vacancy, labour turnover and hours worked.

Key Findings: In line with the Labour Market Advance Release, most indicators showed that the labour market held up in the first quarter of 2019, even though the economy slowed. Total employment continued to grow, higher than the first quarter of 2018. The resident unemployment rate held steady, while long-term unemployment rate declined. However, while there continued to be more job vacancies than job seekers, the tightness in the labour market may ease, as job vacancies declined for the first time in two years and retrenchments rose in this quarter.

This edition also features a technical note on labour turnover, providing information on what it measures, and labour turnover patterns across time and industry.

For more key findings, please refer to the highlights of the report.