Concepts and Definitions
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Job vacancy for a quarter refers to the number of unfilled posts at the end of the quarter for which an establishment is
actively recruiting employees from outside the establishment. They exclude: |
Positions for which the employees have been appointed but not yet
commenced duty; or |
Positions open only to internal transfers or promotions. |
Recruitment action to fill a post includes advertising in newspapers, posting notices on Internet (e.g. online job banks), making “word-of-mouth announcements”, soliciting employees through employment agencies or job fairs, contacting or interviewing registered job applicants.
Job vacancy to unemployed ratio is the ratio of the estimates of the total number of job vacancies for the whole economy to the total number of unemployed persons. The job vacancies for the whole economy is estimated based on the assumption that private sector establishments with less than 25 employees have the same vacancy rate as private sector establishments with 25-49 employees. Estimates on the total number of unemployed persons are obtained from the Labour Force Survey.