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Summary Table: Labour Turnover
Released on:14/9/2023 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. 

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Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
 2023
Recruitment Rate (%)
  Annual Average 2.7 2.6 2.4 2.2 2.1 2.3 2.2 1.6
 2.1 2.6
 n.a.
  Seasonally Adjusted as at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
  1st Qtr 2.8 2.6 2.4 2.4 2.1 2.3 2.3 2.0 1.9
 2.5 2.3 
  2nd Qtr 2.8 2.6 2.4 2.2 2.0
 2.3 2.2 1.1 1.9
 2.6
 2.3 ​
  3rd Qtr 2.7 2.7 2.4 2.1 2.1 2.2
 2.3 1.5 1.9 2.6
 n.a.
  4th Qtr 2.6 2.5 2.4 2.1 2.3
 2.3 2.2
 1.7
 2.5
 2.5
 n.a.
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Resignation Rate (%)
  Annual Average 2.0 2.0 1.9 1.8 1.8 1.8 1.8 1.5
 1.7
 1.7
 n.a.
  Seasonally Adjusted as at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
  1st Qtr 2.0 2.1 1.9 1.8 1.8
 1.8 1.8
 1.7 1.6 1.7 1.5 
  2nd Qtr 2.0 2.0 1.9 1.8 1.7 1.8 1.8 1.2 1.7
 1.7
 1.4 
  3rd Qtr 2.0 2.1 1.9 1.8 1.8 1.7 1.8
 1.6 1.7
 1.6
 n.a.
  4th Qtr 2.0 1.9 1.9 1.8 1.9 1.8
 1.7
 1.7
 1.8
 1.5
 n.a.
Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

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.
  • 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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