Labor and Employment Secretary Rosalinda Dimapilis- Baldoz yesterday said that employment in the country’s capital, Metro Manila, as shown by the labor turnover rate, grew by 2.38 percent after more laborers got hired than those that got fired, or opted to resign, during the third quarter of 2013.
Citing the results of the Labor Turnover Survey (LTS) of the DOLE’s Bureau of Labor and Employment Statistics (BLES), Baldoz said Metro Manila registered a labor turnover rate of 2.38 percent in third quarter of last year, compared to labor turnover rate of 2.35 percent in the same quarter in 2012.
In employment parlance, labor turnover is the difference between accession and separation.
The LTS is a quarterly sample survey of the BLES of enterprises to capture “job creation” or “accession” and “job displacement” or “separation” as indicators of labor market activity. The information gathered in this survey is intended to generate timely labor market signals as sound basis in planning, policy formulation, and decision making.
The BLES survey has 763 large enterprises as respondents, and a retrieval rate of 99.1 percent. It issued the results of the survey this month.
“Employment in large enterprises in Metro Manila continued its growth in the third quarter of 2013 driven by the robust growth in the domestic economy,” said Baldoz.
Specifically, the overall accession rate in Metro Manila was 8.7 percent, higher than the 5.99 percent separation rate registered during the reference period.
The survey shows that 84 workers per 1,000 workers got employed due to expansion or replacement of workforce, while only 60 workers per 1,000 were either laid off, or quit their jobs, during the same period.
It noted that growth was particularly strongest in the industry and services sector, which recorded 3.07 percent, with large expansion in manufacturing at 4.7 percent making up for the slack in mining and quarrying (-3.7 percent). Construction grew by a modest 1.9 percent. So did agriculture, fishery, and forestry, which slightly inched up by 1.16 percent.
Employment in services was up by 2.25 percent, but growth was mixed across sub-sectors. The biggest gainers were education at 4.95 percent; transportation and storage at 3.79 percent; and administrative and support service activities at 3.65 percent.
What are the reasons for accession and separation?
The BLES said accession was due to replacement of workers, which at 5.1 percent is higher that accession due to expansion of businesses, recorded at 3.27 percent.
Specifically, accession due to expansion registered high in construction, 8.02 percent; mining and quarrying, 7.35 percent; transportation and storage, 4.87 percent; and manufacturing, 4.76 percent; and professional, scientific, and technical activities, 2.53 percent.
The BLES noted that employer-initiated separations, or lay-offs, were higher at 3.26 percent compared to employee-initiated separations, or resignation, 2.73 percent.