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Skip Navigation LinksLabour Market Statistics and Publications > Summary Table: Labour Turnover
Summary Table: Labour Turnover
Released on:9/12/2024 10:20 AM

​​​​Summary Table: Labour Turnover

Recruitment and resignation rates are measures of labour turnover.

When job openings are plentiful, resignation and recruitment rates tend to be high, reflecting movement of workers between jobs. Conversely, the rates tend to be low during periods of economic downturn. 

As part of MRSD’s continued commitment to deliver accurate and relevant statistics on the labour market, our data collection processes have undergone an assessment by Ernst and Young Advisory Pte Ltd.​​

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Year 2014 2015 2016 2017 2018 2019 2020 2021 2022
 2023
 2024
Average Monthly Recruitment Rate (%)
  Annual Average 2.6 2.4 2.2 2.1 2.3 2.2 1.6
 2.1 2.6
 2.2
 n.a.
  Seasonally Adjusted as at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
  1st Qtr 2.6 2.4 2.4 2.1 2.3 2.3
 2.0
 1.9
 2.5 2.3
 2.1 
  2nd Qtr 2.6 2.4 2.2 2.0
 2.3 2.2
 1.1
 1.9
 2.6
 2.3
 1.9 
  3rd Qtr 2.7 2.4 2.1 2.1 2.2
 2.3
 1.5
 1.9 2.6
 2.2
 1.9 
  4th Qtr 2.5 2.4 2.1 2.3
 2.3 2.2
 1.7
 2.5
 2.5
 2.3
 n.a.
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Average Monthly Resignation Rate (%)
  Annual Average 2.0 1.9 1.8 1.8 1.8 1.8
 1.5
 1.7
 1.7
 1.4
 n.a.
  Seasonally Adjusted as at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
  1st Qtr 2.1 1.9 1.8 1.8
 1.8 1.8
 1.7 1.6
 1.7 1.5
 1.4 
  2nd Qtr 2.0 1.9 1.8 1.7 1.8 1.8
 1.2 1.7
 1.7
 1.4
 1.3 
  3rd Qtr 2.1 1.9 1.8 1.8 1.7 1.8
 1.6 1.7
 1.7
 1.4
 1.3 
  4th Qtr 1.9 1.9 1.8 1.9 1.8
 1.6
 1.6
 1.7
 1.5
 1.4
 n.a.
Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Source: Labour Market Survey, Manpower Research & Statistics Department, MOM
Latest figures published in: Labour Market Report

Notes:
  • Data pertain to private sector establishments (each with at least 25 employees) and the public sector.
  • Average Monthly Recruitment Rate during a quarter is defined as the average number of persons recruited in a month during the quarter divided by the average number of employees in the establishment.
  • Average Monthly Resignation Rate during a quarter is defined as the average number of persons who resigned in a month during the quarter divided by the average number of employees in the establishment.
  • The seasonally adjusted figures are derived using X-12 ARIMA to remove the seasonal influences in the data series. The seasonally adjusted figures are subject to annual revisions when the latest set of seasonal factors is updated, taking into account observations for the latest available year.
  • Annual figures are the simple averages of the non-seasonally adjusted quarterly figures.
  • n.a. = Not available
 
 
 

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