Concepts and Definitions
6-month re-entry rate
Quarterly 6-month re-entry rate measures the proportion of residents who are in employment in the reference quarter, six months after retrenchment. For example, the re-entry rate for the first quarter of 2024 shows the proportion of residents retrenched in the third quarter of 2023 who had re-entered employment six months after retrenchment.
Annual 6-month re-entry rate measures the proportion of residents who are in employment in the reference year, six months after retrenchment. For example, the 2024 re-entry rate pertains to residents retrenched from 3Q 2023 to 2Q 2024, who had re-entered employment by 2024 (six months after retrenchment).
12-month re-entry rate
Quarterly 12-month re-entry rate measures the proportion of residents who are in employment in the reference quarter, twelve months after retrenchment. For example, the re-entry rate for the first quarter of 2024 shows the proportion of residents retrenched in the first quarter of 2023 who had re-entered employment twelve months after retrenchment.
Annual 12-month re-entry rate measures the proportion of residents who are in employment in the reference year, twelve months after retrenchment. For example, the 2024 re-entry rate pertains to residents retrenched from 1Q 2023 to 4Q 2023, who had re-entered employment by 2024 (twelve months after retrenchment).
Residents refer to Singapore Citizens and Permanent Residents.