Retrenchment and Re-employment

Retrenchment


Last updated: 31 October 2008
 
 
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
 Retrenched Workers (Number)
9,784
29,086
14,622
11,624
25,838
19,086
16,400
10,191
10,294
12,603
7,675
n.a.
    1st Qtr
1,582
7,131
3,402
6,046
3,248
4,857
4,411
2,962
2,168
3,653
1,964
2,274
    2nd Qtr
2,561
7,309
3,350
1,857
5,631
4,091
5,144
2,055
2,116
3,263
1,918
1,798
    3rd Qtr
1,363
6,633
3,395
1,755
8,368
4,187
4,061
1,967
2,810
2,472
1,827
2,000P
    4th Qtr
4,278
8,013
4,475
1,966
8,591
5,951
2,784
3,207
3,200
3,215
1,966
n.a.
Number Retrenched Per 1,000 Paid Workers
10.1
29.0
15.2
11.5
24.7
18.2
15.8
9.7
9.3
9.5
5.3
n.a.

Source: Labour Market Survey

Time Series Data



Statistical Charts 

 

Notes:

  1. There is a break in the series as demarcated by the vertical dashed line. Before 2006, data pertain to private sector establishments each with at least 25 employees. From 2006 onwards, data also include the public sector.
  2. p = Preliminary
  3. n.a. = Not available

Re-employment


 
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Re-employment Rate (%)
 
 
 
 
 
 
 
 
 
 
Annual Average
61.9
64.8
60.2
60.8
62.4
58.6
61.1
65.6
67.2
n.a.
1st Qtr
54.1
64.3
60.3
60.3
56.0
51.1
67.9
57.6
59.0
66.5
2nd Qtr
60.4
62.7
61.3
63.9
65.3
63.8
54.1
69.0
70.0
78.7
3rd Qtr
65.2
65.9
62.2
66.9
68.2
63.0
64.0
74.0
66.7
n.a.
4th Qtr
68.0
66.4
57.0
62.2
60.0
56.5
58.6
61.9
73.3
n.a.

 Source: Labour Market Survey
Central Provident Fund Board

 Notes:

  1. Data refer to re-employment rates as at end of quarter for the locals retrenched in the previous quarter
    ( i.e. Re-employed within 6 months after retrenchment )
  2. There is a break in the series as demarcated by the vertical dashed line. Before 2007, data pertain to resident workers retrenched by private sector establishments each with at least 25 employees. From 2007 onwards, data also include the public sector.
  3. Annual figures are the simple averages of the quarterly figures.
  4. n.a. = Not available

Explanatory Notes

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