Vol. 18 No. 21 [09.08.2014]
LABOR TURNOVER STATISTICS
(IN LARGE ENTERPRISES IN METRO MANILA)
FIRST QUARTER 2014
(Accessions vs. Separations)
- Employment in large enterprises in Metro Manila was of little change in the first quarter of 2014. Employment growth was largely mixed across industries. Stronger hiring than separations occurred in administrative and support service activities; manufacturing; and agriculture, forestry and fishery. Meanwhile, weak hiring and more separations prevailed in construction; wholesale and retail trade; professional, scientific and technical activities; and mining and quarrying.
Sluggish employment can be attributed to the lower economic growth rate registered in first quarter of the current year as compared a year ago - 5.6% and 7.7%, respectively.